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Construction of US$100 million Lilongwe Grand Business Park Project to start today

Construction of US$100 million Lilongwe Grand Business Park Project to start today

This construction, starting on November 22, is the result of the  2015 Malawi Investment Forum (MIF) which government hosted.

A ceremony presided by President Peter Mutharika will take place at the site location in Area 46.

In this park you will find a shopping mall, high class office buildings, villas with supporting facilities such as a five star hotel and a conference center. The core objective is to have everything under one roof

“We are pleased to inform the public that all the processes regarding implementation of the Lilongwe Grand Business Park project have been finalized and a ground breaking ceremony for the same has been arranged on the 22nd of November this year,” said Deliby Chimbalu, Public Relations Manager for MITC

The whole investment is estimated to cost US$100 million. The park will be ready in about five years. It is estimated that this project will create 1,500 jobs and 2,000 indirect jobs for the local Malawian people.

“The project has been designed in a way that people dealing in commercial activities will find basically everything under one roof. Talk of building materials, decoration materials, furniture, clothing boutiques, cars and auto-parts sales, electrical appliances, banking facilities and on top of that the business park will have wide internet coverage” says Chimbalu.

China Lilongwe Grand Holding Corporation Limited Company is promoting the project.

At the same time, MITC says it is following up on other deals that were made in the MIF 2015 and MIF 2016.

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Malawi Real Estate

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