New Mzuzu and Mangochi airports, Chileka set for rehabilitation: Malawi budget 2019/20
Minister of Finance, Economic Planning and Development Joseph Mwanamvekha says it finally ensure the Northern Region’s largest airfield will be constructed as it will spend about K500 million as initial amount for the construction of new Mzuzu Airport.
Government is serious about relocating Mzuzu Airport to their remote setting in the northern side of the country’s biggest district.
It is exploring the possibility of constructing the airfield at Lusangazi on the northern tip of Chikangawa Forest in the Viphya Plantation or the 20-hectare stretch, which sprawls from Lunyangwa Bridge to Emvuyeni Primary School along Ekwendeni-Ezondweni Road.
Mwanamvekha said when he presented the budget statement in Parliament on Monday that government has also engaged external creditors for financing of Mangochi International Airport.
He also said government will K2.5 billion to rehabilitate Chileka International Airport runway in Blantyre.
The over cut for Transport Sector is K88.3billion in the K1.7 trillion fiscal plan which is 1.4 percent of gross domestic product (GDP) which represents an increase of about 6.6 percent over the preliminary outcome for the previous fiscal year of K82.8 billion.
The finance minister said K47 .9 billion has been allocated to Roads Fund Administration for competition of various road project across the country.
Among the roads is the rehabilitation of the M1 road from Kamuzu International Airport turn-off to Mzimba turn-off and from Kacheche to Chiweta with K140 billion funding from European Investment Bank, European Union and the government of Malawi.
Heat also said government has provided resources for the Livingstonia-Njakwa Road which it expects to be completed during this financial year.
Apart from airports, government has also put focus on water transport and commenced construction of Likoma Jetty at the tune of K10 billion, according to Mawanamvekha.
He said government also plans to rehabilitate Chipoka port, Monkeybay Port and construct Nkhotakota jetty.
The Tourism Sector has been allocated K14.2 billion in order to improve the country’s visibility both at the regional and international level.
Mwanamveka said the budget allocations are in line with the priorities of the third Malawi Growth and Development Strategy (MGDS 3).
“It is government’s wish that Honourable Members will ensure that the resources are reasonably allocated to various sectors of the economy in order to improve productivity for the development of this country, and the well-being of its citizens.
“This is a budget for all Malawians regardless of race, region, religion or political affiliation,” he told the House.
Some of the major conjectures in the budget include an estimated growth of 5.0 percent in 2019 and 7.0 percent in 2020, an average inflation rate of 8.0 percent during the fiscal year, a stable exchange rate of about K750/US$ and a policy rate of 13.5 percent.
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Bulshit. Whose gonna be paying these loans agalu inu. Airtport this airport that. Why cant you buy machines for ICUs in hospitals
One day you talk of constructing a new airport and another day you talk of rehabilitation. How many times are you going to rehabilitate Chileka Airport? Already we you have spent 5 years refurbishing Chileka, do you mean we should expect another 5 years rehabilitating the same structure? You are sick. Demos will never stop because of your silly budget.
I never believe in DPP. This is a sympathy budget coz of ma Demo
BUt Chileka airpot is ALREADY BEING REFURBISHED!!!
In every budget since 2013 Chileka International Airport is included koma idzatha?
Project simakhala in 1 financial year as their are several stages to implementation. That’s why it is being included in subsequent financial years.
It’s just a way of stealing money and this talk of building stadiums is just the same. They won’t build or you will hear we underestimated the budget so we need more funds. It’s about corruption and nothing but corruption !
Construction of new Mzuzu Airport K500m and rehabilitation of Chileka Inter Airport runway K2.5 billion. How will Mzuzu airport look like, will it be airfield or airport
Am quite sure it will be a football pitch not an airport.
Imagine BB and Nomads will have stadiums at a cost of 800 million and an Airport at 500 mil. What are these Dude doing and how are they thinking? I really font understand.
Really same old song.How can one construct an airport on a budget of K500 MILLION ?
Please build an international airport in Mzuzu. Do not waste money to build an airtrip.
Mabusa just fancy,it doesn’t make any sense at all.
That’s rubish indeed this government is fool of nonsense