The Governments of Malawi and China Tuesday, signed a K50 billion financing agreement for the construction of the Judicial Complex in Lilongwe
Minister of Finance and Economic Planning Simplex Chithyola-Banda signed the agreement on behalf of the Malawi government and described the agreement as a fitting gift from the Chinese government to the people of Malawi.
The minister said the grant financing which is worth Chinese RMB 200 million translating to over USD $30 million (about K50 billion) will enhance and transform Malawi’s infrastructure.
Chithyola-Banda said Chinese President Xi JinPing informed President Lazarus Chakwera about the grant financing of the Judicial Complex during their bilateral meeting at the Great Hall of the People held on Tuesday morning.
“I am happy that I have signed this agreement on behalf of the Malawi government that will see our judicially operate from modern buildings that will house a number of offices including court rooms which is a positive development.”
“The onus to start work on the Judicial Complex that will be constructed in Lilongwe opposite the Parliament Building is now on my ministry which will now work to fast track its operationalisation with the stakeholders in China to make sure disbursements are done to ensure the works start soon,” said Chithyola Banda.
He stated that the commitment of the Chinese government to fund the project is a result of focused leadership that has prioritised building good relations with other countries as already seen by the designation of Malawi as strategic partner by the Chinese Government.
Signing on behalf of the Chinese government Long Zhou who is the Chinese Ambassador to Malawi said his government would see to it that the project runs its full course and that the relations between the two countries grows from strength to strength.
The signing agreement took place on the sidelines of the 2024 Forum on China Africa Cooperation (FOCAC) Summit in Beijing China.
