Malawi to use China ‘s K7.5bn grant to expanding Thyolo  School, technical cooperation at Bingu Stadium

Malawi’s Minister of Finance, Economic Planning and Development Goodall Gondwe, has said a grant of $16 million (K7.5 billion at the current exchange rate) by China will be used to expanding Thyolo Secondary School, renovate technical colleges among other projects to be jointly agreed by the two governments.

Gondwe and the Chinese Amb,to Malawi,HE.Mr.Zhang Qingyang during the signing ceremony at Capital Hill - Pic by Stanley Makuti

Gondwe and the Chinese envoy Zhang Qingyang during the signing ceremony at Capital Hill – Pic by Stanley Makuti

Gondwe said the money will also be used to drill boreholes in some districts in the country, provision of technical cooperation for the Bingu National Stadium as well maintenance of Parliament building.

He was  speaking after signing an agreement to enable China to give Malawi an interest free loan amounting to $8 million (K3.8 billion).

“The loan will run for five year, thus from January 2015, to December 2019. As for the resources whose agreements have been signed today, they will be used on projects to be jointly agreed by our two governments,” said Gondwe

“We are already in discussion with the Chinese government, through the Economic Counsellor’s office, on a number of projects for possible financing and among them are the renovation of youth centres across the country and the expansion of Thyolo Secondary School among others,” Gondwe  said.

Gondwe said the money will also be used to drill boreholes in some districts in the country and the maintenance of Parliament building.

Chinese ambassador Zhang Qingyang said projects to be funded by the money will help to grow the country’s economy and improve the well being of the people of Malawi.

“A friend in need is a friend indeed; the agreements show that the Chinese Government and the people regard Malawi as a true friend.

“Since the establishments of the diplomatic ties seven years ago, China and Malawi have always been a community shared destinies, common developments task and shared strategic interests have bound us together,” he highlighted.

Recently, Malawi and China also held a signing ceremony whereby, China gave to Malawi the mobile solar system worth worth $10 million (K4.6 billion).

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samao jokosa
Guest

Think also of other institutions in districts like CZ Its not very long when Thyolo was renovated. Be seen to be non partial

Wakulu Wapakati
Guest

Wakwiya ndi mfuti, kodi Stadium ndii Pariament building zili ku Thyolo, inuso makape, mumati APM azikhalira kumangosangalasa agulu achabe chabe nokha , zitsiru nosenu , nabola APM sukutiiwala pano pakati, enawa alibe ntchito , more over anavotera mbava yathawa ija ndi uyu Matiki Chakwera

wobeba wanga
Guest

Big Up APM.

clement
Guest

Anthu aku Neno mwangokhala chete. You need a Tarmac road for speedy development in your district. Don’t expect others to champion your cause. You’re sleeping

ohoo
Guest

What is the issue yoti mulongolorepo apa…..
gwiritsani ntchito nzeru zanuzo musanayike comment…… antchula ma technical colleges apa nanga kuthyolo kuli technical
and they have clearly stated that “which are going to be agreed upon” which means its a proposal wait till apanga
UCHITSILU AYI MUKUYIPITSA MALAWI wathu wabwinoyu

south ahlomwe
Guest
mr president and mr finance minister you must be very stupid am coming from south and am a lhomwe by tribe but wait a minute i can not torelate with this nonsense idea , just for example 200,000 qualified from primary and secondary are not yet paid even there not in paylaw government system still they have got families to look after. We feel sory to choose these old bobo to be leader. Why thyolo ? What about national roads which has been damaged by heavy rain. We are watching you guys. We better go for federal system .thus what… Read more »
NYAKWAWA
Guest

Kodi Federalism ija guyz ili pati?

Tangopangitsani referendum mwachangu tione kusintha.

Hebrews
Guest

Wait for 2019 when you go into government so that you can build your own stadium in Kafukule or enukweni. You did not want DPP and APM so why do you want to share his cake? One President at time!

Njokaluzi
Guest

The media has informed us that most primary schools in the disaster areas are dilapidated or being used as shelters for the homeless. Why cant we use this money to rebuild or build new primary schools in these areas?

Njokaluzi
Guest

Kenaka timva kuti Thyolo Sec School is part of the Bineth Trust.

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