Programmes Outlined

$60 billion Chinese investment pledge presents a chance for Africa, Malawi

Written by  Mirriam Kaliza

President Professor Arthur Peter Mutharika arrived back home through the Kamuzu international airport in Lilongwe from Beijing in China, where he attended the 3rd edition of the Forum for China Africa cooperation FOCAC heads of state summit.

President Professor Arthur Peter Mutharika (R) meets Chinese President Xi Jinping President Professor Arthur Peter Mutharika (R) meets Chinese President Xi Jinping
08
September

At the opening of the meeting, host Chinese President Xi Jinping pledged 60 billion United States dollars in new development financing for Africa which was good news to over 50 African leaders in attendance including Professor Arthur Peter Mutharika.


Speaking upon arrival at Kamuzu international airport in Lilongwe, President Professor Arthur Peter Mutharika said Malawi will benefit a lot from the 60 billion United States dollar investment pledge by the second largest economy through various infrastructural projects.


“We are trying to access some of the money. For example, we have things like infrastructure, Kam’mwamba project and other roads. We will do our best to develop a program or a project that can be funded through this initiative,” said Professor Mutharika.


Whilst in China, Professor Mutharika also had other equally pressing official engagements including bilateral talks with Chinese President Xi Jinping which aimed at strengthening further economic and political cooperation and setting agenda of continued partnership between the two countries for the next ten years.


The Malawi Leader also held talks with Gexouba Group International Engineering company-a Chinese firm entrusted to construct the 300 megawatts coal-fired power plant at Kam’mwamba in Neno.


“The people have been contracted to build power plant and from their part, they finished the technical part and all is set. All that is remaining is one or two aspects of financing and we hope that it can be done in the near future. We should be able to roll after that,” explained the Malawi Leader.


Professor Mutharika also made an official visit to the province of Shaanxi and held talks with acting governor Hu Hipeng. Whilst in Shaanxi, the Malawi Leader, made a courtesy visit to Malawian medical practitioners and internees attached to Shaanxi hospital.


Whilst on the official tour of duty in China, the University of International Business and Economics-UIBE in China conferred President Mutharika professorship for economic prudence.


Among other things, President Mutharika urged Malawians to embrace the spirit of working together, patriotism and loyalty to achieve more just like the Chinese people.


The President was accompanied by the First Lady Madam Professor Getrude Mutharika and several cabinet ministers and senior government officials. Madam Professor Mutharika attended a China-Africa first ladies conference on AIDS Prevention and Control Advocacy hosted by Chinese First Lady, Professor Peng Liyuan.

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