China-Lilongwe corp. invest in new hotel, cigarette plant: ‘Investment to boost Malawi growth’

Malawi will soon have another five start hotel in the capital Lilongwe following an announcement by China Lilongwe Grand Holdings Corporation Limited (CLGHC) to invest US$100 million the hotel building following their attendance to first ever Malawi Investment Forum.

CLGHC chief executive officer Jeff Zhang said his company was among the Chinese companies that attended the first ever Malawi Investment Forum.

CLGHC chief executive officer Jeff Zhang said his company was among the Chinese companies that attended the first ever Malawi Investment Forum.

Mwanamvekha says China Lilongwe Company is one of the fruits of the MIF

Mwanamvekha says China Lilongwe Company is one of the fruits of the Malawi Investment Forum

The company chief executive officer Jeff Zhang also disclosed plans to have a cigarette manufacturing projects in Malawi. The two projects are expected to create over 3,000 jobs.

He said the two projects will be rolled out in not too distant future as CLGHC has already done the registration.

“All we are waiting for is allocation of land by the relevant authorities. But we are ready to bring in our equipment,” said Zhang.

He said the five star hotel will also be “one stop recreation centre “ with a casino, karaoke, basketball and tennis courts and cinema to help the country attract more tourists and boost revenue collection.

Zhang also disclosed of plans to build in Malawi “the largest solar power plant in Africa,” said Zhang.

He further said CLGHC has already started employing people and will soon start construction of the recreation centre

Meanwhile, an investment advisory firm, Nico Asset Managers, has expressed optimism that implementation of the investment projects as highlighted in the government compendium document have the potential to boost growth.

The firm in a recent economic review report said the projects, which include the rehabilitation of Chileka Airport and the Kam’mwamba energy plant, are expected to promote the country’s growth prospects.

The report reads: “If successful they [the projects] will lead to better infrastructure and improved power generation which will aid the manufacturing industry and other business.”

The report said if the power projects announced by government are successful, power generation may improve as insufficient power supply hampers productivity because businesses are unable to operate to their full capacity.

The asset managers have said economic growth is forecast to average 5.6 percent in the period 2016-2018 if the economy continues to recover, donor budgetary support flows restart, uranium production resumes once world prices recover and also due to continued exploration of rare earth minerals.

And Minister of industry and trade Joseph Mwanamvekha said there are many more companies that have already registered to invest in the country following the investment forum.

He said the ministry will shortly provide the country with the list of companies that are ready to invest in the country.

“In 2015, we did the marketing of the country, and this year it is when we will start reaping the fruits from the marketing we did,” said Mwanamvekha.

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48 thoughts on “China-Lilongwe corp. invest in new hotel, cigarette plant: ‘Investment to boost Malawi growth’”

  1. Me says:

    When they say Malawi will have another 5 STAR hotel. Which other 5 star hotel do we have in Malawi ? Is it really a 5 star hotel or is it just self accreditation ?

  2. mkalikisha says:

    good news at least

  3. Sandram says:

    Whats a good pot of idea from you Amraan. It is right the front door of our beautiful town. I mark you a best city man.

  4. KARU UNITED says:

    Malawi with no known desert, we will have to wait & see where the largest solar plant in Africa will be located. When completed the five star hotel, how long will it take before it becomes operational? Blantyre deserves a 60,000 seater stadium @ the same site we have the current edifice plus the UGLY hockey ground.

  5. Mlimi wozitsata says:

    Good news but these Chinese Hotels must not come here with their own farmers to grow tomato and other vegies. What will the local benefit from these hotels if they can’t buy from us or buy from us at low prices.

  6. Hotel imeneyi imangidwe apa pali manyumba a police pa roundabout tikamalowa ntown
    Malo amene aja akufunika ma structures abwino chifukwa ndipolowera ntown
    How i wish i was Lilongwe town planner I can assure you LLs could transform
    Lilongwe is too scattered

  7. Diaspora Malawian Investor says:

    On power it s a good development but we need transparency in terms of how power contracts are being given
    We should be careful, these are deals that should be given to local malawians and investors should partner with them otherwise we will lose out completely cause the money will just be going out of the country

  8. gas says:

    mwanamveka koma kudzikonda usiye komaso kuba kwambili pitala tamuone bwino ameneyi.

  9. James kotoki says:

    What about national security? this has to be delt with or else investors will go back home in caskets as there is no security in Malawi.

  10. Mwenda Gondwe says:

    Great

  11. Mapwevupwevu says:

    No display

  12. Mapwevupwevu says:

    Can’t see comments

  13. Mapwevupwevu says:

    No comments displayed

  14. BigMan says:

    I welcome these developments. But i am saddened that very little seems to be planned for Blantyre, Zomba and Mzuzu Cities. Surely some facilities on a less grander scale can improve the ambiance of these forgotten cities.

  15. Sake Chilling says:

    Please let the solar energy plant project start now!!!!

  16. Koma akamange kwa Goliati ku Thyolo ndiye kuli malo.

  17. New uncle short ones r now becoming true friends

  18. Denil Phiri says:

    My beloved country,!!!!! Can government highlight the most important investment which is short term , medium and long term.
    Do we really need a 5 Star hotel at the moment???? Golden Peacock , Panodzi Hotel zangoti phwiiii

  19. Clementine says:

    DPP govt, now big projects to Lilongwe not so? These chewa doesn’t appreciate even if to give them everything. You must stop it now. So what’s on the table for Blantyre? That’s why I do like Hon Henry mussa. The time he was transport minister, Blantyre had no potholes. We need emirates stadium in Blantyre and Zomba

  20. B Real says:

    Build a freaking dual carriage way you guys. We already have enough hotels

  21. Nyani wa ku Mwandon't bank on itanyani says:

    Harnessing solar energy will help big time; some of us are just waiting for the right pricing of solar panels before we damp ESCOM. At least reduce our dependency on that not-so-well-run outfit. Please, Bwana Mwanamvekha, prioritize this one. Also make sure Malawians get good jobs at the factory – not only jobs like serving tea, and mopping floors.

    Regarding Uranium: don’t bank on it; may be even forget it for several years. Fukushima really did a number on us; and with large economies, like Germany, getting out nuclear power, the future of uranium prices is bleak indeed.

    Do we really want invest deeper in the tobacco industry? Isn’t the cost to the healthcare system more than then economic benefits of tobacco manufacturing. Then I am thinking, “what healthcare system in Malawi are you talking about, Nyani?” We can’t even cure simple ailments. And people will just die from diseases like lung cancer, and get buried, without record of the cause. Like happens now in our villages! Aaaaaa.

  22. Kabinda says:

    I wonder where Capital Hotel Stands as far competition is concerned now? It appears it era is gone, I stand to be corrected.

  23. Jimbo says:

    The hotel should be on the Lake shore not in Lilongwe. Why should tourists go to Lilongwe? Lake Malawi is Malawi’s biggest tourist attraction. Roads desperately need to be improved as part of the drive to attract tourists as well as to benefit the people of the country. Many countries are working hard to discourage smoking because of the harm it does to the health of their citizens and the strain it puts on their health services. The last thing Malawi needs is a cigarette factory. There are many other projects that could employ Malawian workers and be of benefit to the whole country – better roads, hospitals, schools, covered market places, a decent public bus service (instead of all the clapped out minibuses clogging the towns and cities), etc.

  24. CHARLES KAFERAWANTHU says:

    Government should also buy how neighbouring countries and others agree on the labour numbers involved in the actual infrustructure constructions. It is high time that our learned engineerings are involved in these works on the ground also that we should have a higher number of Malawians doing the actual jobs.

    Remember that there are also policies of how to release population presure in other countries this may include China. Therefore we should check what extent we are allowing their numbers and access the effects at long term.

    How far is the issue of citizens registratration cards? Why is it that we take long to implement important issues ?

  25. mososo says:

    good idea

  26. lole says:

    yes nice development but osamadzaba minyangaaaaaa

  27. Joseph Moyo says:

    Yes,thats what Malawi needs.we need people who are going to build companies and employ us.when more people gets employed the fews that that remain will be making profitable business.since more employed people will need to be served and employers will give enough salary bcoz people can choose to work or do business this time we are forced to work for we have no choice.

  28. Stop campaining says:

    We will, we shall, we plan to, we are thinking of WHAT NONSENSE!!!! I want to hear we have, we are winding up, we have handed over, we have recruited etc etc. This is not time for campaign but for delivering services especially electricity and water!!!!!

  29. Kabinda says:

    I still love Blantyre City.

  30. Happy Eduardo says:

    APM’s initiatives now bearing fruits. Let’s just wait and see-Malawi will never be the same. What we want is job creation to reduce poverty. This is simple economics.

  31. CHEWA FEDERAL FRONT says:

    There is something wrong with what’s happening. Another 5* hotel for LL is good news, but the cigarette factory should have been located somewhere else, perhaps Mponela or Kasungu or Dedza or Mchinji or Mzuzu.
    Inu a DPP, the bulk of your voters are down south and you want everything to be in LL? Strange!! Stadium, Parliament, Umodzi Square, shopping malls, broad streets, … Distribute these things nationally.
    Isn’t it a shame that as CLGHC is building in LLCity “hardcore” DPP voters in CZ can only get boreholes!!! Take some of these mega-projects to BT so that your voters can easily access them eg. build them a new state-of-the-art Rangeley Stadium.
    Not everything should be in the capital city. Actually, Dr HBanda wanted parliament to remain in zomba as it is in RSA. Bakili’s decision to move it to LL effectively killed ZA.
    My desperate hope is that BT will not also faint and lose its “commercial capital” status.
    Hopeless situation.

    1. Nyani wa ku Mwananyani says:

      You need an authenticated history lesson regarding the move of the capital from Zomba. ASA.

  32. CHEWA FEDERAL FRONT says:

    There is something wrong with what’s happening. Another 5* hotel for LL is good news, but the cigarette factory should been located somewhere else, perhaps Mponela or Kasungu or Dedza or Mchinji or Mzuzu.
    Inu a DPP, the bulk of your voters are down south and you want everything to be in LL? How strange!! Stadium, Parliament, Umodzi Square, …. Distribute these things nationally.
    Isn’t it a shame that as CLGHC is building in LL City “hardcore” DPP voters in CZ can only get boreholes!!! Take some of these mega-projects to BT so that your voters can easily access them eg. a new state-of-the-art Rangeley Stadium.
    Not everything should be in the capital city. Actually, Dr HBanda wanted parliament to remain in zomba as it is in RSA and Bakili’s decision to move it to LL effectively killed ZA.
    My desperate hope is that BT will not also faint and lose its “commercial capital” status to Kasungu.
    Hopeless situation.

  33. Galu says:

    These Chinese are only robbing Malawians while enriching Pitala and his group. Ndipo a Malawi tikuzunzika kwathu komwe ngati ndife alendo

  34. Nsena No.1 says:

    Good development. But Whats in return????

  35. 2016 welcome says:

    Basitu cancer kuibweretsa pafupi uku.

  36. Khalakpo says:

    Good. That is what we want. Well done.

  37. ma nyasa says:

    Good move but this five star hotel should be in Blantyre since has already a chinese hotel

  38. Exiled Soul's says:

    Any investment into the economy is welcome but the government/country should identity and know the basic priority areas when bringing in new investors before bringing in dz flashy projects that a third of the population can not access or benefit from

  39. chikhadzula says:

    Thats a welcome Idea, however we want them To employe malawians, osati mpaka okankha whilbar achokele ku China noo, amwanamveka please look into that area critically please, This is our country please gv them conditionz .

  40. John says:

    ALLOCATE TO THIS CHINA-LILONGWE COMPANY THE LAND NEAR KAMUZU CENTRAL HOSPITAL WHICH WAS PREVIOUSLY EARMEAKED FOR A STADIUM. CITY CENTRE ILUKANE NDI OLD TOWN. TELL CHINESE THAT WE NEED TALL BUILDINGS HERE AS WELL.

    WE NEED MORE OF SUCH DEVELOPMENTS. WHAT ABOUT THE CHINA PROJECT AT KIA. WHAT ABOUT THE KANENGO DUAL CARRIAGE? CHEPETSANI KUONAONGA NDALAMA MUZIPITITSA NDALAMA MBALI ZIMENEZO. ANTHU AMAFUNA ZINTHU NGATI ZIMENEZO, OTHERWISE 2019 IS FAST APPROACHING!

  41. torgo nodo says:

    lol….malawi the land of malls, hotels and stadiums we can’t run. if only we were the land of cancer hospitals, arv manufacturing and vehicle assembly plants.
    i pity my grandchildren. these loans are on their heads.

  42. John says:

    THIS IS GOOD NEWS. I ALSO EXPECT GOVERNMENT TO START IMPROVING ROADS THAT LEAD TO THE BINGU NATIONAL STADIUM. WE CANT HAVE A DECENT FACILITY LIKE BNS ACCESSED USING DIRTY ROADS. WE NEEDS WIDE TRIAL-CARRIAGE ROADS ON KAUNDA AND THE ONE FROM AREA 18 R/ABOUT. YTHAT WILL TRULY TRANSFORM LILONGWE. I WONDER IF THE MAYOR (CHAPONDERA) HAS THAT DREAM. MAY BE AKANAKHALA CHALAMANDA.

  43. Kamangekoni ku Mzuzu, kuti mwina naonso atumbuka awone kusintha, azitha kukhazikika kwao

  44. william says:

    can somebody investigae RBMGATE, Chuka has made secret deals with tobacco companies Limbe leaf,JTI that they can keep 100% of there export Dollars with them, this is causing massive devaluation of kwacha and eroding malawis purchasing power. Chuka is on a mission to make malawians moor poorer, please check why is he doing this is he getting a cut from these exporters

  45. levelheaded says:

    Am always filled with joy when I hear of positives about my dear mother Malawi. I ask the management of nyasatimes to at least try one month of reporting positives only about Malawi and see how wonders can do to this country Malawi.
    Positives motivate leaders. They have done wonders to China. You can’t ask a Chinese to tell you negatives obout their country, if he is your boss he will fire you right away.

    Malawians let’s learn to build on positives. Its something like you don’t have food but your wife comforts you by saying you will find some dear. She motivates you to work extra harder.

    I love Malawi and can’t sell it at any cost and don’t want to see somebody selling it either.

  46. Sapitwa says:

    Good investment. I would however encourage investment of this caliber to be directed to Cape Maclear. Foreign visitors would not waste their time in a dusty village called Lilongwe. They all go to the oceans and lakes beaches. This is where Malawians are loosing it out.
    Cigarette factory is also another good investment may be for export. There are very many zingambwe smokers who can not afford a cigarette loss draw.

Comments are closed.