Minister of Trade, Industry and Tourism Joseph Mwanamvekha told MBC that the land for the project has already been secured and the investor the China-Lilongwe Grand Holding Company has already been registered by the Malawi Investment Trade Centre.

“There is a lot of progress that has been made, the company has already been registered,the investors are already here, they have already bought the land and spent close to MK1 billion so far,” said Mwanamvekha adding that the grand breaking ceremony might be in October this year.

Among others, the centre is expected to house hotels, recreation facilities and shopping malls.

“They want to build a five star hotel, in it there will be a Casino,” added the Minister stressing that the facility will help to create jobs to Malawians who are jobless and at the same time generate forex for the country.

On his part, the Chief Executive Officer – CEO for China-Lilongwe Grand Holding Company Jeff Vhang says they are happy with the support they are so far receiving from government over the 15 million US dollar worth project.

“We have our company registered; we have been provided the land in Area 46. We are progressing and are looking forward for the ground breaking ceremony,” said Vhang.

Malawi-China Investment Forum was held in Lilongwe in June, which Professor President Peter Mutharika launched. Both countries during the investment forum reiterated their mutual trust and called for joint promotion of their investment opportunities.

During the launch of the forum, President Professor Peter Mutharika said government is committed to create conducive business environment for both local and foreign investors through economic, administrative, legislative and regulatory reforms.

Since the Investment Forum, many companies from China have expressed interest to invest in Malawi.