Mzuzu University (Mzuni), Malawi’s second oldest public university, has said it is undertaking feasibility and environmental impact studies which will inform the construction of an ambitious $592 million campus.
The last studies of the project were done in 2001.
In an interview, Mzuni Vice Chancellor Professor John Kalenga Saka said the university is banking on the Bridgin Foundation which entered into an agreement with the government for a $6.8 billion grant.
Initially, the institution’s masterplan was estimated at $350 million over a 25-year period which would be phased to finalise the construction of Choma Campus.
But due to changes in microeconomic fundamentals, the value of investment has gone up to $592 million and, according to Saka, a master plan was submitted in 2020.
“We are looking forward to the actual implementation of the partnership of the Malawi Government and the Bridgin Foundation.
“As I am speaking now, we have submitted a work plan so that, as soon as all the other logistics are done, we should be able to witness developments in that regard. And I must say this is a great initiative. Interestingly, last week we had a meeting presided over by the Secretary to the Treasury and PS for PSIP [Public Sector Investment Programme] where they were sourcing more information from us,” he said.
Saka said the views have also been submitted to the Treasury, which was collecting ideas that would shape the 2023- 24 fiscal year.
Speaking after a budget consultation session in Mzuzu, Minister of Finance and Economic Affairs Sosten Gwengwe said all the views will be analysed deeply.
President Lazarus Chakwera signed the $6.8 billion grant with Bridgin Foundation to finance projects that are believed to have the capacity to help Malawi achieve Malawi 2063 vision.
The projects include construction of Inkosi ya Makhosi M’mbelwa University with Hi-Tech Livestock Industrial Centre and construction and equipping of a Hi-Tech bioscience and fertiliser manufacturing industrial plant at Luanar.