MITC records US$ 165m investment pledges for the month of July

July Investment Pledges
The Malawi Investment and Trade Centre (MITC) has granted nine (9) investment certificates to prospective investors for the month of July. The certificates represents investment pledges worth USD165, 871,000.00. This is an increase for the recorded pledges in the same month last year where only four companies had registered with investment pledge levels of about US$52million.

The companies that have been granted the certificates are in the following sectors; construction, financial services, mining, manufacturing, agro-processing and tourism.
It is expected that about 1694 jobs will be created once the companies start their operations. The Majority of the companies are from China with some from India, Botswana and Malawi

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