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Sunday, January 7, 2018

AfDB tips Malawi on cutting transport costs | The Times Group

AfDB tips Malawi on cutting transport costs | The Times Group:



AfDB tips Malawi on cutting transport costs

Posted By: Chimwemwe Mangazi on: January 03, 2018 In: Business No Comments

The African Development Bank (AfDB) has tipped Malawi to explore alternative modes of

transport if the country is to reduce transport costs in 2018

Currently, road transport is the dominant mode of transport in the country.

A Country Strategy Paper 2013-2017 for Malawi released by AfDB indicates that inadequate

infrastructure is one of the binding constraints to growth and private sector development.

It further notes that unit costs inside Malawi are at least twice as high as in South Africa, as a

result of long distances to ports and low backloads.



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