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Friday, October 14, 2016

Firm to invest $2BN, To create 1 000 jobs

(7) Malawi Nation - Timeline: Firm to invest $2BN, To create 1 000 jobs CHRISTOPHER JIMU Staff Reporter As details of the trickle-down effects of the just-ended Malawi Investment Forum (MIF) 2016 emerge, a South African property investment firm, Nedebe Group, plans to spend about $2 billion (K1.4 trillion) in infrastructure development in Lilongwe. Nedebe Group was one of the foreign firms that pitched up at the two-day MIF 2016, which ended on Tuesday at Bingu International Convention Centre (Bicc) in Lilongwe and was officially opened by Vice-President Saulos Chilima.

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