Mutharika addresses British MPs: ‘Malawi youth to support foreign investment’
Malawi’s investment opportunities should always be hinged on the demographic dividend of a youthful population which is a catalyst of steady production and expansion of the economy’s export base, says President Prof Peter Mutharika.
Mutharika visited British Parliament at Westminster in London on Monday where he has an audience with the Speaker John Bercow and addressed the all party group which has interest with Malawi and Zambia.
In his address, President Mutharika -who is on an official visit to UK – touched on the many opportunities that Malawi has for potential investors. As a thread from that he assured the investors of the readily-available human resource base.
“Malawi like most developing countries, has a vast untapped pool of youthful population of people below the age of 18. In Malawi, they constitute around 60% of the total population,” he pointed out.
As a deliberate government policy on skills development -in view of the impending massive investment- President Mutharika informed the parliamentarians how his community colleges initiative has taken ground and promises to achieve desired results both in the short and long run. Malawi government intends to construct 193 community colleges by 2019 to reach out to all the country’s administrative constituencies.
The Malawi leader pointed to agriculture, energy, eco-tourism, infrastructure development among others as sectors that are open and ready for investment. Despite giving the hopeful economic forecast in relation to investment, President Mutharika was quick to point out how the curtailing of budgetary aid by the UK government has affected operations and service delivery at Capital Hill.
He told the parliamentarians how the Democratic Progressive Party (DPP)-led government has employed austerity measures, reformed the public management systems and expedited Cashgate cases as a way of reorganizing government and restore donor confidence.
President Mutharika also reiterated his government’s commitment to women and girl empowerment.
At this juncture he told the gathering of efforts by First Lady Getrude Mutharika hrough her Beautify Malawi (BEAM) Trust in empowering girls who are in school.
The chairman of the all party group of Zambia and Malawi Oliver Colvile MP said he was impressed with the Malawi President’s vision.
A Malawi mwaona azunguwo aima bwinobwino koma inu manja kutsogolo ati ulemu zautsilu basi
Kodi mwati ali kuno? Tikuwonela pa nyasatimes pompha. Nothing on Tvs, newspapers, let alone free metro, koma abale.
The youth will support your foreign investment by providing firewood and lighting your homes using moto amayatsa amfiti usiku uja. There is no electricity in Malawi for your information
First Fire Chuka kwacha now trading at 650 to a dollar from 450 4 months ago, what type of governor do we have i dont think he is even fit to be a watchmen. Fotseki
‘Malawi government intends to construct 193 community colleges by 2019’ – that means constructing 48 colleges each year for the next four years, which means one college per week!!! Wow, where are the money, materials and the skilled labour to come from? Do the UK politicians believe this project is possible? APM needs to get real. Malawi can’t even promise a reliable electricity supply. I wonder what the UK politicians are really thinking when they hear APM promising these unrealistic developments. They must look at him and think, ‘Dream on Sir’.
Akuluakulu amadazi okaokha
Kodi mukuonapo achinyamata pa ma legislator akulandila Mutharikapo? Kuno amangotikakamiza kuti alamulire ana pamene kwawoko akulamula ndi mature veterans. Ife tizilamulidwa ndi ana opanda experience amene achitidwa brainwash ndi imperiolistic Western ideologies.
Waste of time, mwaiwala 577 BILLION eti?
The President is trying but his closest allies are doing the opposite.They are busy with their own interests at the expense of poor Malawians.Unless the President realizes this quickly, he will surely stumble and fall like his brother and ll these guys will ran away leaving our country back to the point we started. The youth program that Joyce Banda started of exporting them abroad is not really a bad idea.We just trashed quickly with our sinister motives but it was a very good idea.How many now are graduating from Colleges without getting jobs?Even government accepts that they dont have… Read more »
This is what we call visionary leadership projections – where a man is looking beyond tomorrow and therefore sticking to his guts. The visiting which was marred by queeing for a plan which was a good jimmick for austerity advocacy must not be repeated – the leader of the country brothers deserve respect and support – his death is a pain especially when is in office. The hiring of plan for presidential use, knowingly he is going to present Malawi, is not a waste of money unless is going for a personal holiday. Yes Malawi is a poor country as… Read more »