A delegation of Chinese companies with investment interests in manufacturing, electronics and energy is in Lilongwe where the Malawi Investment and Trade Centre (MITC) will launch Xidian International Stock Exchange (Malawi), a platform for investment and trade to complementing the country’s existing stock exchange.
MITC Director General, Kruger Phiri, says the Chinese delegation aims to gain an in-depth understanding of Malawi’s trade and investment environment, engage in strategic discussions with key stakeholders, and explore investment opportunities in the country.
He has encouraged local business and captains of the industry to showcase their investment needs and explore international partnerships that can transform Malawi’s economic landscape.
Xidian International Stock Exchange (Malawi) has expressed strong interest in spearheading two large-scale projects:
A Business Park: designed to attract manufacturing companies, including those in electronics, electric vehicles, and industrial production.
An Agriculture Park: aimed at enhancing agricultural processing for both local and export markets.
In attendance at the event are Mayors of Malawi’s three City Councils, who will be given some space to outline business opportunities and promote their cities as prime locations for Special Economic Zones (SEZs).
