
Malawi city project includes $25 million hotel aimed at attracting conference and other business
A Chinese investor is putting up a business park to include a new $25 million hotel in Blantyre, the commercial capital of Malawi.
The investor is betting that the Sogecoa Business Park, which will include a five-star hotel, a recreation center with a and a shopping mall and cinema, will revive the city as a regional trade hub.
According to Xia Fang, vice-president of Anhui Foreign Economic Construction (Group) Co, the project, scheduled for completion in December, will make Blantyre a bigger year-round attraction for conference tourism, commercial business and family entertainment.
He says the company plans to invest $75 million in another business park and a shopping center in Lilongwe, the country’s capital.
“Malawi is a true friend of China and has for the past 10 years offered us a good environment to invest. We are ready to invest more in this peaceful country, known as the Warm Heart of Africa,” says Xia. Continue reading Chinese investor Building a business park to include a new $25 million hotel in Blantyre