{"id":55697,"date":"2024-01-01T21:52:22","date_gmt":"2024-01-01T21:52:22","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/?p=55697"},"modified":"2024-01-01T06:14:24","modified_gmt":"2024-01-01T06:14:24","slug":"saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction","title":{"rendered":"Saudi Arabia trip fruits: Chakwera secures MK34bn funding for Makanjira Road construction"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>President Lazarus Chakwera\u2019s trip to Saudi Arabia is already bearing fruit as the Malawi leader has signed a financial partnership agreement of MK34 billion with the Saudi Fund for Development meant for the construction of Makanjira road in Mangochi.<\/p>\n<p>The partnership agreement, signed this Saturday in the city of Riyad in Saudi Arabia, joins several other financial partnerships between the Malawi government and Saudi Arabia.<\/p>\n<p>In his remarks, the Malawi leader underlined that since the beginning of the development cooperation in 2010, the Kingdom of Saudi Arabia has provided about US$50 million worth of concessional loans, which have gone a long way in cementing the partnership between our two nations.<\/p>\n<p>\u201cFor example, it was the Saudi Fund for Development that partnered with us to build a state-of-the-art 300-bed hospital in Phalombe, which is now providing various health services to our people, including ante-natal and neonatal services that were once provided at facilities too far away,\u201d he said.<\/p>\n<p>He added that it was the Saudi Fund for Development that partnered with us to construct 3 teacher training Colleges in Malawi with an annual enrolment of about 1,200 teacher trainees.<\/p>\n<p>\u201cIt was the Saudi Fund for Development that contributed to the 3 financing of the Thyolo-Makwasa-Bangula road, which has improved connectivity for our farmers.<\/p>\n<p>\u201cIt was the Saudi Fund for Development that supported our efforts at debt restructuring, as discussions between my officials and the Kingdom of Saudi Arabia team have commenced in a win-win spirit, and we remain hopeful that through your support we will get a confirmation on debt restructuring assurances,\u201d he said.<\/p>\n<p>Chakwera hailed the Saudi government for the generous decision to accept his proposal for the construction of the Makanjira road as a gift that will keep on giving for generations to come.<\/p>\n<p>\u201cAs such, it is worthy of special recognition and our Saudi partners are worthy of special thanks. This important transport infrastructure will facilitate intra-country trade and regional trade, and usher in a new wave of prosperity for Malawi,\u201d he said.<\/p>\n<p>On his part CEO of the Saudi Fund For Development, Sultan Almarshad, pledged to continue supporting Malawi in future infrastructure development projects.<\/p>\n<p>\u201cWe are also in talking terms with the Malawi government in other future projects,\u201d said Almarshad.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. President Lazarus Chakwera\u2019s trip to Saudi Arabia is already bearing fruit as the Malawi leader has signed a financial partnership agreement of MK34 billion with the Saudi Fund for Development meant for the construction of Makanjira road in Mangochi. The partnership agreement, signed this Saturday in the city of Riyad in Saudi [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":55696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12,410],"tags":[233,371,234],"class_list":["post-55697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","category-to-homepage","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saudi Arabia trip fruits: Chakwera secures MK34bn funding for Makanjira Road construction - Malawi<\/title>\n<meta name=\"description\" content=\"President Lazarus Chakwera\u2019s trip to Saudi Arabia is already bearing fruit as the Malawi leader has signed a financial p ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Arabia trip fruits: Chakwera secures MK34bn funding for Makanjira Road construction\" \/>\n<meta property=\"og:description\" content=\"President Lazarus Chakwera\u2019s trip to Saudi Arabia is already bearing fruit as the Malawi leader has signed a financial p ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-01T21:52:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2024\/01\/sm_1704076946.912554.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"442\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Saudi Arabia trip fruits: Chakwera secures MK34bn funding for Makanjira Road construction\",\"datePublished\":\"2024-01-01T21:52:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\"},\"wordCount\":395,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2024\/01\/sm_1704076946.912554.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/saudi-arabia-trip-fruits-chakwera-secures-mk34bn-funding-for-makanjira-road-construction\",\"name\":\"Saudi Arabia trip fruits: Chakwera secures MK34bn funding for Makanjira Road construction - 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