Minister of Industry and Trade Hon. Mark Katsonga Phiri has called on investors in Dubai to choose Malawi as their investment and trade destination. The Minister said increased investments in the Malawi economy has the potential to drive economic growth in the country.

Hon. Mark Katsonga Phiri said:
‘This event is a perfect opportunity for Malawi to identify the right investors with the right technologies to help us in driving industrialisation in the country. We are here not as tourists but as people with a mission, a mission to identify business opportunities that will benefit Malawi as a country.’

‘As government we are committed in facilitating trade and investments because we understand the role that Foreign Direct Investment plays in driving the country’s economy and also the role it has in realizing the  Malawi Vision 2063 agenda.’

‘Malawi is a country with a lot of investment and trade opportunities and an enabling environment to move your business to the next level. We are ready to partner with you as you plan to expand your operations in Africa. Our doors are open, we are waiting for you to come and invest in the Warm Heart of Africa.’

Africa is one of the biggest trading partners of United Arab Emirates and the Dubai Chamber of Commerce has expressed interest to work with Malawi in exploring more business opportunities.

Dubai Chamber of Commerce Chief Representative of Southern Africa, Abdulla Momade said:
‘We are looking forward to supporting Malawi businesses to take advantage of the trading opportunities that are there. Africa is of strategic importance to Dubai and that’s why we are ready to work with Malawi in promoting trade and investments.’

MITC Chief Executive Officer Paul Kwengwere said:
‘This world expo is really a perfect opportunity for our country because for the past six months that we have been attending, MITC has managed to record substantial business leads that we are keenly following up so that they materialise and become actual investments and export deals.’

‘So these B2B meetings are one way of giving our private sector an opportunity to interact with some of the potential investors that we have identified during the six months we have been here at the Expo.’

MITC through the Ministry of Industry and Trade has organised the B2B meetings to provide a platform for Malawian project promoters and exporters to market their projects and products to potential investors and buyers in Dubai.

Malawi is one of the 192 countries participating at this year’s world expo in Dubai. The expo started on 1st October, 2021 and it is expected to end on 31st March 2022.