Business
Chilima invites the world to connect with Malawi
November 23, 2021 / Charles Mkula
Malawi vice president, Dr. Saulosi Chilima, has called on world business magnates and leisure seekers to come to Malawi and experience the country’s rich and diverse culture, trade and tourism investment opportunities
Speaking during the Malawi National Day at the Dubai Expo 2020, Chilima explained that Malawi is a land full of untapped opportunities in agriculture, tourism, mining and manufacturing.
“I wish to invite investors here in Dubai to explore investment opportunities in areas like eco-tourism, hotel, camps and lodges, water and lake sports, wilderness safari, energy generation, minerals beneficiation and agro processing,” he stressed.
Chilima, who is also Malawi’s minister of economic planning and development and public sector reforms assured prospective investors that apart the numerous investment and trade opportunities, Malawi has a hard-working and trainable workforce, a peaceful and welcoming environment and a strong judicial system.
In a speech tailored to reiterate the world trade fair’s theme ““Connecting Minds, Creating the Future”, as well as its sub-themes of sustainability, mobility and opportunity, Chilima called on participants to come and explore Malawi’s mineral resource opportunities which include agro-minerals for fertilizer production, energy and industrial minerals such as bauxite, iron, gypsum, coal, and uranium.
The vice president, however, pointed out that so far Malawi has only been able to export tobacco, dried peas, soya beans, sesame seeds, tea and coffee to the UAE.
But he challenged that apart from exporting the mentioned products, Malawi can also supply the UAE with frozen goat meat, fresh fruits and vegetables as well as value added products such as sugar and edible oils, whose raw materials are abundant in Malawi.
Transport access for goods to UAE from landlocked Malawi is through Indian Ocean sea ports in Tanzania and Mozambique but for perishables and other sensitive goods, an Emirates Airlines freighter plane with necessary facilities makes routine landings in Malawi.
Malawi is signatory to a number of multilateral and bilateral trade agreements such as the COMESA, SADC, AfCFTA, EU and UK GSP and AGOA, which provide preferential access to world markets.
The 2020 fair has been held this year because of the Covid-19 pandemic. It is expected to run till March 2022.
Meanwhile, the gathering is regulated by strict precautions, including mask and vaccination requirements, and limitations to the number of people in the fair and in exhibition pavilions.
The United Nations is also part of the fair highlighting the sustainable-development goals (SDGs).
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The establishment of a stable and self-sustaining ecosystem, but not necessarily the one that existed before mining began. In many cases, complete restoration may be impossible, but successful remediation, reclamation, and rehabilitation can result in the timely establishment of a functional ecosystem.
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Remediation:
The cleanup of the contaminated area to safe levels by removing or isolating contaminants. At mine sites, remediation often consists of isolating contaminated material in pre-existing tailings storage facilities, capping tailings and waste rock stockpiles with clean topsoil, and collecting and treating any contaminated mine water if necessary.
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