Sixty million Dollars to improve roads in Malawi
29 October 2009
The African Development Bank (BAD) is going to finance the improvement of the road network in Malawi, to the amount of 60 million Dollars.
The project relates to the rehabilitation of the Nacala highway corridor and the Blantyre-Zomba road, as well as feasibility studies for the Ntcheu-Tsangano-Neno-Mwanza route.
BAD representative Gilbert Mbesherubusa referred to the importance of the project at the signing ceremony, and pointed out that it “will stimulate development by increasing economic activities thanks to the reduction in cost and time of transport, as well as improving road safety.”
As well as this, the Government of Mozambique has just announced the building of a railway line over 445 kilometres between Moatize and the port of Ncala, which is intended to cross Malawi.
Plans are for this to be taken into service by 2015, with a total cost of the work estimated at 500 million Dollars.<br/>