President Lazarus McCarthy Chakwera, on Friday met Abdulhamid Alkhalifa, Director General of OPEC Fund, which is financing projects worth over 200 million dollars in Malawi, the latest of which is a 67 million dollar water projects in Dowa District.
The vising OPEC fund delegation was escorted to Kamuzu Palace by water and sanìation minister, Abida Sidik Mia. Earlier in the week Malawi Government and Opec Fund have signed a financial agreements channeled towards Dowa Town Water and Sanitation Project and a feasibility studies for the new Mzuzu Airport.
OPEC Fund Director-General, Alkhalifa Salem, said the agreement will aid Malawi to provide potable water and boost tourism sector hence appealed to implementing agencies to stick to designs during the implementation stages of the two projects.
Opec Fund has committed K14 billion as a soft loan for Dowa Town Water and Sanitation Project and about K600 million grant for the Mzuzu Airport feasibility study.