Portuguese industrial conglomerate Mota-Engil has written the Malawian government of its intention to withdraw its investment of 160 million Euro tourist attraction project in Monkey Bay which could have seen the construction of a five star hotel and a golf course.
According to Capital Hill sources who are privy to the issue, Mota Engil decided to drop the bombshell because it was not amused with the way government has handled the acquisition of the land which gave the company bad publicity as a land grabber.
Government entered into an agreement with the multinational in Public Private Partnership (PPP) which could have completely transformed area which is touted as the most beautiful part of the whole Lake Malawi.
Recently Mota Engil has been in the media for all the wrong reasons mostly in the areas where the company is operating.
The development comes hot on the heels of the recent fracas that happened in the project area which resulted in the death of two people and the serious injury of several others including the smashing of Traditional Authority Namkumba’s vehicle.
Minister of Information Kondwani Nankhumwa could neither confirm nor deny the development saying as government they are yet to receive the said letter.
Speaking in an interview with Nyasa Times, Nankhumwa who also oversees the tourism ministry said he also came to know it from the media who were trying to enquire on the matter.
“We are yet to receive the said letter. If indeed Mota Engil has written it maybe we can say it is on its way. But there is nothing on my desk concerning this,” said Nankhumwa.
Asked on whether the withdrawal by Mota Engil has something to do with fracas that happened in Mangochi, Nankhumwa said he cannot speculate on that because he has not yet received the letter.
Mota Engil started operating in Malawi in 1990 through its Engineering and Construction area and during the early years of its operations in the Malawian market the Groups interventions were mainly centred on highway infrastructures, especially work involving the construction and rehabilitation of the country’s highway network.
The company is recognized for its work in projects like Nsanje World Inland Port, the Nsanje-Bangula Road, Kayelekera Uranium Mine and the Nacala Railway Corridor construction. Recently the government also gave the company a concession to run the Malawi Lake Service which has seen it introducing a passenger ship.Follow and Subscribe Nyasa TV :