Khato Holdings Executive Chairman, Simbi Phiri, says his company is set to transform communities along Lilongwe-Salima Road which is coincidentally the designation of the Lake Malawi -Lilongwe Water Supply Project.
Khato Civils was contracted by Lilongwe Water Board to implement the K500 Billion project that upon completion will address the perennial water shortages in the Capital City and surrounding areas.
Phiri made the pledge last week on the sidelines of the company’s annual general meeting in Sandton, Johannesburg.
Among the focus areas – Phiri said- will be construction and refurbishment of schools, clinics and recreation centres through which the youth will be empowered in varying forms such as employment and entrepreneurship.
Simbi also observed that when in full motion, the Lake Malawi- Lilongwe Water Supply project will create spin-off businesses for thousands of locals who will supply goods and services to the company and its staff.
His sentiments come in line with Malawi Government’s policy direction to uplift locals through meaningful and lasting small and medium entrepreneurship.
Khato Holdings intends to use the project as a stepping stone to doing more businesses in the country.
They intend to venture into property and manufacturing among other areas.
On another front Khato Holdings plans to penetrate the Africa market and leave a footprint of top-class infrastructure as has been the case in South Africa where their business is currently concentrated.
Simbi said they intend to bid for and execute projects in all Africa countries such that 80 percent of Khato’s business has to come from outside South Africa.
As part of corporate social responsibility, Simbi recently handed over magnificent Tembwe Health Centre and Kamwendo Police station to the Malawi government which he built in Mchinji district.
Phiri has also constructed a multi-million state of art primary school in Chembe village, Nkhoma, Lilongwe the original home of his biological father.Follow and Subscribe Nyasa TV :