Lilongwe, November 20, 2015: The Government of Philippines Thursday said it would consider bringing its investors to Malawi to explore sugar and tobacco industries, among other areas.
New Philippine envoy to Malawi, Ambassador Bayani Mangibin, disclosed after presenting his Letters of Credence to President Professor Peter Mutharika at Kamuzu Palace in Lilongwe.
Speaking to journalists, Mangibin, said his government was interested in investing in Malawi and that he had met the Malawi Investment Trade Centre (MITC) to discuss investment deals.
“We will bring Philippines investors to Malawi especially in sugar and tobacco industries,” explained Mangibin. “Apart from meeting the Malawi Investment and Trade Centre, I have also interacted with the Malawi Confederation of Chambers of Commerce on the need for us to sign Memorandum of Understanding.”
The Philippine Ambassador said he had also discussed with Mutharika the need for the two countries to have Joint Consortium mechanism that would help identify key areas of cooperation between the two countries.
Mangibin said Mutharika had welcomed the suggestion and that the President had also proposed exchange visits and training of staff between Malawi and Philippines.
The envoy said he was once Chairperson of Technical Cooperation Council that provided training in Philippines hence; Mutharika’s idea of exchange visits and training of staff was not a hard task.
Later in the day, United Arab Emirates envoy to Malawi, Abdulla Ibrahim Al-Suwaid, also presented Letters of Credence to President Mutharika with a call to strengthen cooperation between Dubai and Malawi through exchange visits of top government officials.
Al-Suwaid said the two had also discussed civil aviation issues which he said were very important both to Malawi and UAE.
The Philippine envoy, Mangibin and the UAE envoy, Al-Suwaid will be based in Kenya and Tanzania, respectively.
Picture: President Mutharika, receives letters of Credence from New Ambassador from Philippines to Malawi, Bayani V. Mangibin at Kamuzu Palace in Lilongwe – Pic by Malawi News Agency (Mana) Photojournalist Abel Ikiloni
