By Linda Kwanjana

Minister of Finance , Joseph Mathyola Mwanamvekha has commended Chinese Government for the US$43 million financial grant which is equivalent to MK75.29billion

The grant agreement according to Mwanamvekha will be channelled towards the extension of the M1 Road from Kanengo to Kamuzu International Airport as well as support the implementation of digitalisation policy in Government.

“Your Excellency, distinguished Ladies and Gentlemen, on behalf of His Excellency the State President, Prof. Arthur Peter Mutharika, I would like to express our sincere gratitude to the Government and the People’s Republic of China for its continued support and solidarity,” he said.

Mwanamvekha said since the establishment of diplomatic relations on 28th December 2007, the bilateral cooperation has grown from strength to strength and has become a cornerstone of Malawi’s socio-economic development.

Mwanamvekha cited some notable landmark projects include which include ; the National Parliament Building,
Bingu International Convention Centre (BICC), Malawi University of Science and Technology (MUST), Bingu National Stadium, The National Fibre Backbone Project,  Community Technical Colleges and the Agricultural Technology Demonstration Centre in Salima. Mwanamvekha also commended China for the support towards construction of the Judicial Complex.

The Minister has since assured that Government will use the resources prudently for the intended purpose on the implementation of the of impactful projects.

He said Government is also grateful for the Chinese Government’s for the pledge on the solar project for the entire Capital Hill.

“Government and the people of Malawi is looking forward to further strengthen the development cooperation agreement with the People’s Republic of China. And thank the Chinese Government for its unwavering commitment to supporting Malawi’s development agenda,” he said.

In his remarks , Chinese Ambassador to Malawi , Lu Xu said was happy to sign the financial agreement with Malawi Government.

Xu said , this marks another important milestone in China-Malawi practical cooperation and represents a new starting point for the  two countries to jointly pursue development and deepen friendship.

“For almost two decades, our two countries have consistently upheld mutual respect and equality, and have firmly supported one another on matters concerning our sovereignty and core interests, regardless of changes in the international environment,” she said.

Accirding to the Ambassador,  China regards Malawi as a trustworthy friend and reliable partner.

“Through a series of major flagship projects and “small but meaningful” livelihood initiatives, China has steadfastly supported Malawi in achieving its national development and people’s well-being goals,” she said.