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Minister of Finance, Economic Planning and Decentralization Hon. Joseph Mathyola Mwanamvekha MP has called for stronger partnerships between Government, the private sector, development partners and communities to mobilise sustainable financing for infrastructure development in Malawi.
Speaking as Guest of Honour last night at the Public Private Partnership Commission (PPPC) Financing Forum at Bingu International Convention Centre (BICC) in Lilongwe, Mwanamvekha said infrastructure is critical to achieving the Malawi 2063 and First 10-Year Implementation Plan (MIP-1) goals.
Mwanamvekha highlighted key infrastructure priorities including power generation, roads, railways, industrial parks, export processing zones, airports, inland water transport and access to the sea.
He said Malawi faces challenges such as limited fiscal space, high borrowing costs and perceived investment risks, while noting that Public-Private Partnerships (PPPs), blended financing and innovative instruments such as infrastructure bonds and green financing can help unlock private capital.
The function was attended by Minister of Information Dr. Shadreck Namalomba MP, Hon. Charles Mhango, Deputy Minister of Health Hon. Charles Chalambula MP, Minister of Energy Hon. Jean Mathanga MP, Deputy Minister of Education Hon. Francis Folley MP, FDH Bank CEO William Mpinganjira, Standard Bank Malawi CEO Philip Madinga, Secretary to the Treasury Dr. Cliff Chiunda and other government officials and stakeholders.