Chief Executive Officer of FDH Financial Holdings, William Mpinganjira, has urged small-scale contractors to focus on smaller projects to build their capacity and confidence.
Mpinganjira made the remarks at the recently concluded 7th International Construction Conference in Mangochi.
Speaking at the event, organised by the National Construction Industry Council (NCIC), Mpinganjira highlighted the impatience of many small contractors who often seek large-scale projects beyond their risk-sharing capacity.
He reassured the contractors that FDH Financial Holdings provides financing opportunities for infrastructure contracts aimed at developing the country.
FDH has financed key projects such as the Malawi Fertiliser Company in Liwonde, Zomba Stadium, and various road construction projects.
By Mirriam Kaliza