As the country is gearing up for the second Malawi Investment Forum (MIF) the Malawi Investment and Trade Centre (MITC) has confirmed that over 50 foreign companies have registered to participate at the meetings scheduled for October this year.
Chief Executive Officer at the trade centre, Clement Kumbemba, confirmed the development. He said about 35 investment projects, 15 of them public, will be marketed as possible investment projects during the meetings.
MITC is effecting various changes to the organisation of this year’s investment forum including allowing participating companies to register online as part of efforts to make the event an improvement from the first MIF.
“Online registration closes on 23 September. We have done this to improve the accreditation process. Last year, we had delegates from 31 countries but most of them had to stand for hours to register,” Kumbemba observed.
He added: “Last year the way we organised business to business meetings left a lot to be desired. Now we want to be able to follow all that will be taking place and so we will place a requirement on all companies to share with us whatever they plan to discuss in those forums.”
The 2015 MIF attracted 12 investment companies which have been issued with investment certificates. Their investment commitments are in excess of $300 million.