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Reading: Malawi, China Sign K50 Billion Deal for Judicial Complex
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The Africa Daily Post > Diplomacy > Malawi, China Sign K50 Billion Deal for Judicial Complex
Diplomacy

Malawi, China Sign K50 Billion Deal for Judicial Complex

Kholofelo Morena
By Kholofelo Morena Published September 5, 2024 1 Min Read
The Governments of Malawi and China Tuesday, signed a K50 billion financing agreement for the construction of the Judicial Complex in Lilongwe.
The Governments of Malawi and China Tuesday, signed a K50 billion financing agreement for the construction of the Judicial Complex in Lilongwe.
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Malawi and China have signed a K50 billion ($30 million) financing agreement to build a new Judicial Complex in Lilongwe. The agreement was finalized on Tuesday during the 2024 Forum on China-Africa Cooperation (FOCAC) Summit in Beijing.

Malawi’s Minister of Finance and Economic Planning, Simplex Chithyola-Banda, signed on behalf of the government, calling it a major boost for the country’s infrastructure. The grant, worth 200 million Chinese yuan, will fund the construction of the modern complex, which will include courtrooms and office spaces. The facility will be located opposite Malawi’s Parliament Building.

Chithyola-Banda described the project as a “fitting gift” from China, revealed during a bilateral meeting between Chinese President Xi Jinping and Malawi’s President Lazarus Chakwera. He said the Ministry of Finance would work swiftly with Chinese stakeholders to ensure the project’s timely start.

Chinese Ambassador to Malawi, Long Zhou, who signed the agreement on behalf of China, said his government is committed to ensuring the project is completed.

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Kholofelo Morena
By Kholofelo Morena
Southern African Correspondent based in Johannesburg
Previous Article Malawi's Vice President Dr. Michael Bizwick Usi addresses the press at Mudi House in Blantyre on Wednesday, 4 September 2024, after meeting with German investors from the Landt Foundation. Malawi VP Calls Corruption a “Cancer”
Next Article President Chakwera and President of the Peoples Republic of China Xi Jinping at the Great Hall of the People in Beijing China. China Pledges $51 Billion for Africa, Malawi to Benefit
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