The Magwero Industrial Park whose project was launched on Saturday in Lilongwe is projected to generate about $600 million (K1.1 trillion) in annual revenue from manufactured products. That is more than what tobacco currently generates as the state of the art facility is expected to support 15 000 direct jobs. This is according to the
For years, Malawi has had strategies aimed at stimulating local production to increase its export base while at the same time striving to cut on imports through import substitution. Three years ago, the National Export Strategy II (NES II) was launched to boost the share of exports in the gross domestic product (GDP) to 20
Export performance down,but minister still optimistic mwnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mwnation.com Daily Mail and Mail on Sunday newspapers.
Malawi has vowed to push for a stake in the projected African Continental Free Trade Area (AfCFTA) agri-business boom to counter food insecurity. Minister of Trade and Industry Simplex Chithyola-Banda said this on Wednesday at the Common Market for Eastern and Southern Africa (Comesa) Business Forum in Lusaka, Zambia. He was reacting to AfCFTA’s pronouncement
Gopee-Scoon: E-teck Phoenix Park an economic zone space for diversification newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.