Malawi seeks K36bn for Nsanje rail,  Thyolo road project: Apply grant from Japan

Finance, Economic Planning and Development Minister Goodall Gondwe has disclosed that government has applied for $50 million (about K36 billion) grant from the Japanese government to be used for rehabilitating Chiromo Bridge in Nsanje and part of it for the Thyolo-Thekerani-Muona-Bangula Road.

Infrastructure development: Malawi rail network

Infrastructure development: Malawi rail network

Gondwe  disclosed that  Malawi government ia  waiting for feedback from the Japanese government and is upbeat they will be granted  following the pledge of Japan Prime Minister Shinzo Abe  to give $30 billion (K22 trillion) to Africa  for the next three years.

Japanese premier made the pledge  during the Sixth Tokyo International Conference on African Development (Ticad VI) in Nairobi, Kenya last month.

African countries were persuaded  to submit projects they want the money to be used for.

According to Gondwe, Malawi government  is also “hopeful” to get  some money from Africa Development Bank (AfDB)  “where the Japanese government is expected to channel $10 billion [K7.3 trillion].”

Analsys have welcomed the move to rehabilitate Chiromo Bridge  which was washed away in 1997, saying it has economic benefits for the country.

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9 days 14 hours ago

Mmmm mabedwe ake a ndalama a menewa God is watching

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