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INVESTMENT UPDATE FOR END-year 2010

 

 NEW INVESTMENT

Lilongwe,22 December 2010 -The Malawi Investment Promotion Agency (MIPA) has facilitated 30 new investments worth USD 58,243,188.00 between January – November 2010. These new investments are expected to create 3,239 jobs.

MIPA recorded highest levels of investment pledges in 2006 at US 185,299, 177.99. 52 new companies registered with MIPA and 4012 new jobs were created

 

Origin of Investors and Sectoral Distribution

 

Asia leads as the main source of Foreign Direct Investment (FDI) into Malawi in 2010 with11 new companies. Local companies also invested in the economy (9 new companies) followed by SADC, Europre and North America.

Presented below is a tabulated overview of MIPA facilitated investment in 2010

Year

sector

No of companies

Level of investment (US$)

2010

Manufacturing

8

19,350,000.00

 

Tourism

4

5,645,000.00

 

Services

10

17,335,000.00

 

Agriculture

6

12,413,188.00

 

Mining

2

3,500,000.00

 

 

DOWNLOAD APPLICATION FORMS HERE

You can download a form here and make an application for an Investment Certificate,Business Residence Permit,Temporary Employment Permit and others. Send your applications to:

The General Manager, Malawi Investment Promotion Agency,Private Bag 302,Lilongwe 3, Malawi.

 

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