The United States of America (USA) announces the launch, next April, of the second package of USD 350 million from the Millennium Challenge Corporation, for investment in sectors of transport and public infrastructure in Malawi.The pact seeks to address the high price of road freight transport service and obstacles to connecting farms to markets in rural areas.The programme was also designed to address access difficulties to land for investment due to poor management of the real estate sector and the ambiguity in property and land rights, especially for women who are engaged in small-scale agriculture. There are in total three main projects, namely: the Accelerated Growth Corridors Project ; Increasing Land Productivity and the American Catalyst Mechanism for Development Project.According to a statement from the North American embassy in Malawi, with this financing, it is expected that there will be reductions in travel time and operational costs of transport vehicles. goods, due to improved conditions on access roads. It is also expected that the modernization of the main roads will make urban markets more accessible to the population, especially small producers. And better government administration could help Malawi take advantage of one of the its main resources: land, avoiding its usurpation by third parties. As a result, companies will be able to invest with confidence, expand their businesses and create more jobs for the citizens of Malawi. The program will last for five years, starting next April. (RM Blantyre)Source:Rádio Moçambique Online
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