The Ministry of Transport and Public Works on Wednesday held high-level discussions with Standard Bank Plc
aimed at exploring financing opportunities for major infrastructure projects in Malawi, focusing on roads, railways, airports, and marine transport.
The meeting explored innovative financing models, including Public-Private Partnerships (PPPs), revenue-backed financing, and long-term infrastructure investment frameworks to support Malawi’s transport modernization agenda and regional trade connectivity.
Secretary for Transport and Public Works, Bright Kumwembe, emphasised the need for strategic investment in transport systems to unlock economic growth, tourism, and trade.
“Improved transport infrastructure is critical to boosting tourism, supporting mining activities, and enhancing regional connectivity. We also need to invest in modern vessels and efficient transport systems that will strengthen Malawi’s economy,” said Kumwembe.
Standard Bank highlighted its experience in financing large-scale infrastructure projects across Africa and expressed readiness to work with Government in developing sustainable and bankable transport projects. Both parties agreed to continue technical engagements to refine financing models and implementation frameworks for priority projects.