Cabinet Ministers from Malawi Meet Potential Investment Companies From Spain: Pretoria, South Africa, 28th November 2014
CABINET MINISTERS FROM MALAWI MEET POTENTIAL INVESTMENTMENT COMPANIES FROM SPAIN: PRETORIA, SOUTH AFRICA, 28TH NOVEMBER 2014
On 28th November, 2014, Cabinet Ministers from Malawi met nine Spanish potential and serious investors in Pretoria, South Africa. This was a result of a Memorandum of Understanding (MoU) signed between the Governments of Malawi and Spain in September 2014, in New York, on business collaboration between the two countries. The Ministers, Hon. Dr. George Chaponda, M.P., Minister of Foreign Affairs and International Cooperation; Hon. Francis Kasaila, M. P., Minister of Transport and Public Works; and Hon. Joseph Mwanamvekha, M. P., Minister of Industry and Trade travelled to Pretoria at the invitation of the Spanish Commercial Office in Johannesburg.
During the meeting, the Ministers, supported by officials from Malawi Investment Trade Centre (MITC), Ministry of Transport and Malawi High Commission in Pretoria, conducted business consultations with heads of Spanish companies based in South Africa. The Spanish potential investors included Group Cobra and Elecnor experienced engineering companies specialising in building and operating industrial infrastructure; Gransolar and Gas Natural Fenosa interested in generating gas and energy; Inabensa a transport and network infrastructure developer; Aqualia with special focus on water purification and maritime works; Ace Consultants; Greenmax and AEE Power. The investors showed keen interest to be Malawi’s partners in development energy, transport and network infrastructure, mining, agro – processing and other priority areas for Malawi.
In his remarks, Leader of the Malawi delegation, Honourable Dr. George Chaponda, M. P., emphasised that the Government of Malawi has a vision and mandate to develop all sectors of the country with much focus on economic and infrastructure development. He cited Malawi’s political and economic stability as enabling and conducive factors for doing business in the country, and added that the establishment of a One-Stop investment service centre has eased the process of establishing business in the country. He therefore encouraged the investors to consider investing in Malawi, as it is among the most desirable investment destinations in the world. An impressive presentation was also made on the available bankable investment and trade opportunities in the country.
The Malawi delegation was later treated to a working lunch at the residence of the Spanish Ambassador in Pretoria, where delegates networked and Investors sought clarification on various investment-related issues. The Spanish Ambassador in Pretoria pledged to support investment endeavours between the Kingdom of Spain and the Republic of Malawi.
Ministry of Foreign Affairs
and International Cooperation,
1st December, 2014
Malawi and Scotland Meets Under The Framework Of Joint Permanent Commission Of Cooperation (JPCC), 2nd To 3rd December, 2014
MALAWI AND SCOTLAND MEETS UNDER THE FRAMEWORK OF JOINT PERMANENT COMMISSION OF COOPERATION (JPCC): EDINBURGH, SCOTLAND, 2ND TO 3RD DECEMBER, 2014
Hon. Dr. George T. Chaponda, MP, Minister of Foreign Affairs and International Cooperation, led the Malawi delegation to the meeting of Malawi-Scotland Joint Permanent Commission of Cooperation (JPCC) that was held from 2nd to 3rd December, 2014, in Edinburgh, Scotland. Hon. Mr. Humza Yousaf, Minister for Europe and International Development, led the Scottish delegation to the meeting.
The objective of the meeting was to review progress achieved since the last JPCC meeting that was held in November, 2012 in Zomba, Malawi, and to discuss project proposals in view of the next round of funding from the Scottish Government covering the period 2015 to 2018.
The main outcomes of the JPCC meeting included:
- Need to focus on a few targeted projects, to ensure visible and lasting impact on the targeted beneficiaries. In line with the Government’s priority to develop the export-oriented private sector, the Malawi Government highlighted the need to support cooperatives and Scottish private investment in the country;
- Malawi to consider the list of proposed projects for the 2015-2018 funding cycle, and to submit to Scottish Government for further consideration. To ensure that the projects are in line with Malawi’s development priorities as outlined in the Malawi Growth and Development Strategy (MGDS), it was agreed that the Strand Leads (Governance, Health, Education and Sustainable Development) should be involved in the formulation process of the projects; and
- That project monitoring and evaluation should be an integral part of the Scottish Government-supported development Programme.
Hon. Dr. Chaponda took the opportunity of his presence in Scotland, to hold other meetings on the sidelines of the JPCC. These included:
- 1.Courtesy Call on the First Minister of Scotland, Right Hon. Nicola Sturgeon MSP.
Hon. Chaponda and Right Hon. Sturgeon discussed issues of mutual cooperation between Malawi and Scotland
- 2.Courtesy Call on Right Hon. Tricia Marwick MSP, the Presiding Officer (Speaker) of the Scottish Parliament.
Right Hon Marwick and Hon. Chaponda discussed the ongoing cooperation between the Malawi and Scottish Parliaments under the framework of the Commonwealth Parliamentary Forum. In February, 2015, Members of the Scottish Parliament will visit Malawi to engage their counterparts on issues of mutual interest.
The Honourable Minister also appreciated the role Scottish Members of Parliament such as Lord Jack McConnell MSP, and Lord Geatrex MSP, are playing in the House of Lords by calling for the resumption of budgetary support and the revision of the UK Visa application process for Malawians;
- 3.Scottish-Malawi Business and Investment Meeting, where Scottish investors in partnership with Scottish Government, agreed to set up an investment fund to promote Scottish Investments to Malawi;
- 4.Meeting with Prof. Sir Jim Mc Donald, the Principal and Vice Chancellor of the University ofTheir meeting on 1st December discussed the work that the University, in partnership with Sgurr Energy of Scotland and the Malawi Polytechnic, is doing in the country in the field of renewable energy, under the Malawi Renewable Energy Acceleration Programme (MREAP);
- 5.Meeting with Education Scotland, to appreciate the role the institution was playing in Education Inspectorate services in Malawi in partnership with the Ministry of Education, Science and Technology;
The Minister also attended the Scotland-Malawi Partnership symposium, as well as visited the David Livingstone Centre in Blantyre to appreciate the life of Dr. David Livingstone and the historical linkages between Malawi and Scotland.
Ministry of Foreign Affairs
and International Cooperation,
8th December, 2014
Mr. Zhang Ming, Vice Foreign Minister of the People’s Republic of China visited Malawi from 14th to 16th October, 2014. During the visit, the Vice Minister met with His Excellency Professor Arthur Peter Mutharika, President of the Republic of Malawi on 16th October, 2014, after meeting Honourable Dr. George T. Chaponda M.P., Minister of Foreign Affairs and International Cooperation, on 14th October, 2014.
Following discussions, the two sides agreed that His Excellency President Professor Arthur Peter Mutharika, should undertake a State Visit to the People’s Republic of China, on dates to be mutually agreed upon by the two Governments. The Chinese Vice Foreign Minister also announced a grant to Malawi amounting to RMB100 Million (approximately US$16 million) and an interest free loan of RMB 50 Million (approximately US$8 million). Furthermore, the two sides used the visit as an opportunity to strengthen the already existing bilateral cooperation and explored new potential areas of cooperation in various sectors of infrastructure development, education, capacity building, tourism, trade and investment. Lastly, Malawi and China agreed to strengthen cooperation under the Forum for China-Africa Cooperation (FOCAC).