Africa-Press – Malawi. The World Bank has approved US$350 million (MK350 billion) Millennium Challenge Corporation (MCC) second compact to Malawi for various development projects.
Signing the compact on Wednesday September 28,2022 in Washington DC, President Lazarus Chakwera said through the amount, Malawi Transport and Land Compact will be implemented to reduce transport costs and strengthen land administration in the country.
He said among the expected outcomes with the amount is the construction of the 300-kilometre network of four corridor roads across the country to facilitate greater flow of agricultural products from farms to urban markets.
He added that the state agencies with the mandate to supervise road infrastructure will also receive technical assistance to improve usability of the infrastructure through timely maintenance.
“Secondly, the compact will build Malawi’s capacity in land management reforms to maximise land revenue both for rural farmers and the country.
“I am delighted that the compact will create a range of economic opportunities for our people,”said Chakwera.
Roads that will be constructed under the MCC compact include the road Chikwawa in Rumphi to Euthini in Mzimba – 67kms, from Mkanda in Mchinji to Mwase/Linga in Kasungu – 88kms, from Chileka in Lilongwe to Chigwirizano in Lilongwe – 53kms, and from Chamtulo in Mangochi (off Golomoti to Monkey Bay road) to Mkutumula near Balaka Market in Ntcheu – 79kms.
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