By Wezzie Gausi:
Khato Civils has said they are still negotiating with potential financiers for the commencement of Salima- Lilongwe water project.
The Ministry of Finance opted for the Salima-Lilongwe Water project over the Diamphwe-Lilongwe water project, which the World Bank recommended.
Khato Civils Chief Executive Officer Mongezi Mnyani said the company was holding virtual meetings with possible financiers for the water project.
“So, until we secure and finalise the loan agreement, we will continue to have such meetings. So far, all is going on well and negotiations are continuing,” Mnyani said.
Ministry of Finance spokesperson Williams Banda said the ministry was doing its best to finalise the financing process.
“We gave the contractor time to do the negotiations. This is a very important project which will help a lot of people. So, we, as government, are very positive that this project will be rolling out soon,” Banda said.
Earlier, the Natural Resources Committee of Parliament warned the Malawi Government against backtracking on the multibillion Kwacha Salima-Lilongwe water project.
Chairperson for the committee Welani Chilenga sounded the warning in Parliament when he presented a report on the status of the project.
Chilenga said his committee found that the government was likely to dump the Salima- Lilongwe water project in favour of Diamphwe Multipurpose Dam in Lilongwe under the influence of the World Bank.
According to Chilenga, the committee established that Khato Civils had reduced the cost of the project from $405 million to $315 million.
The project is expected to pump and deliver 50 million litres of potable water from Lake Malawi in salima to Lilongwe city every day.