The President was presiding over the official opening of the Malawi Investment Forum in Lilongwe on Monday.

Professor Mutharika said the private sector would bring the prosperity that people in the country deserved.

He said government had therefore initiated measures that will make investors operate in a friendly environment.

The President said Malawi has liberalized the exchange rate, upgraded electricity generation and also upgraded the transportation corridor thereby cutting import and export costs.

Professor Mutharika said Malawi had also signed agreements on trade in Africa as one way of finding markets for the country’s products.

He said Government was determined to create the necessary conditions to improve the competitiveness of Malawi as an investment destiny.

President Mutharika said government’s priority areas remained agriculture, tourism, energy and mining, infrastructure development and financial services.

He said all these efforts were geared towards making Malawi a conducive environment to all investors.