Mutharika launches ambitious $95 million Agricultural Commercialization Project to empower farmers

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President Professor Arthur Peter Mutharika on Friday launched an ambitious  $95 million (K71 billion) Agricultural Commercialization Project which among a litany of objectives is to empower farmers by providing good financing for investing in agriculture and  creating access to well-structured markets in order to give value to farmers’ produce.

APM: This is a revolution in Agriculture APM: This is a revolution in Agriculture
10
January

 

Mutharika, speaking at the AGCOM launch in Lilongwe, said the World Bank IDA funded project will also aim to provie a good feeder road network so that farmers can transport their produce easily to markets; and organizing farmers into associations so that they can produce more.

 

AGCOM is a flagship project aimed to transform smallholder agriculture from mostly subsistence to commercial.

 

 "What we are beginning today is a revolution in agriculture in Malawi. We will train people with skills for value addition to their produce. And we will make sure that people have good storage systems.


"We will provide cold-rooms to farming communities across the country so that they can store their produce there. I want every community to have the capacity to use their own land to increase productivity and add value to their produce," the President said.

 

GAME CHANGER PROJECT

 


Describing the project as a "game changer," the Malawi leader said the US$ 95 million will be invested into the project over a period of six years.


"This project is a game changer. This is the beginning of transformation of agriculture in this country. I also want to announce that the Shire Valley Transformation Project for irrigation is now ready for launching. I will be launching the Shire Valley Transformation Project in a matter of weeks.


"Let us remember. Our collective vision is to transform Malawi from being an importing and consuming country to become a producing and exporting country. Why do we want to make Malawi a producing and exporting country?


"We want to make Malawi a producing and exporting country because we want to create new wealth for this country. We want to empower Malawians to create wealth for themselves using our locally available resources, "said Mutharika.


He said by the end of the project in 2023, Malawi will have established at least 300 productive alliances, with about 650,000 small and medium scale farmers graduating from subsistence to commercial farming


In November 2018, Mutharika also I launched the Malawi Agricultural and Industrial Investment Corporation which also aims at supporting farmers with financing.


In few weeks time, the president is also expected to launch the Shire Valley Irrigation Project.

 

 

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