LILONGWE, Apr 26 (NNN-IRIN) – Malawian President, Lazarus Chakwera, called for more foreign investment in the country’s mining and tourism sectors, to help transform its economy.
Chakwera made the remarks, on Thursday night, in Lilongwe, during the official opening of the sixth Malawi International Tourism Expo, which has attracted over 40 foreign dignitaries and more than 50 local organisations.
According to Chakwera, Malawi has various mineral resources, such as gold, uranium and rutile. He encouraged foreign investors to take advantage of the opportunities available in the country’s mining sector.
Besides mining, Chakwera said, Malawi’s tourism sector also offers opportunities that are open and ready for foreign investment.
The president said, his government has removed visa restrictions for nearly 100 countries, making this an ideal time for foreign investors to come to Malawi and invest in both tourism and mining.
The Malawi International Tourism Expo is held annually, to promote the country’s resources and products, ranging from agriculture to tourism and mining, in an effort to attract potential investors. This year’s edition runs from Thursday to Saturday (today).– NNN-IRIN
