P-MW-KF0-005

Project Details
ID: P-MW-KF0-005 Name: PROMOTING INVESTMENT AND COMPETITIVNESS IN TOURISM SECTOR (PICTS) PROJECT Status: Ongoing Country: Malawi
Sector: Multi-Sector Approval date: 11-Jan-2018 Task Manager: KAMANGA Fenwick Dingiswayo, RDGS4
Total cost: 7000000
Currency: UAC
Source(s) of financing
ADF: 7000000
Implementing Agency: MINISTRY OF FINANCE Location: Nationwide

Objectives

The Project has two specific objectives, namely: 1. To strengthen data gathering and analytical capacity skills for tourism statistics, and ensure properly planned and well managed tourism sector ; and 2. To develop attractive tourism products through wildlife conservation, ecotourism development and cultural preservation with a vi ew to facilitate and attract private sector investment and development in the tourism sector

Description

TThe project's broad development objective to promote inclusive economic growth through improved investment climate and enabling business climate in Malawi. The Project will help in building and strengthening capacity in areas of (a) investment promotion through increased role of the private sector through PPP and IPPs, ensuring that projects are bankable and land is available to potential investors for tourism and industrial development; (b) Investment facilitation by addressing policy and capacity bottlenecks that impinge on investment in the tourism, energy, and mining; and (c) Support the development of SMEs through policy and legal framework review, infrastructure development, and improved business advisory and support services. The Project will work with other partners through the SWG in ensuring that there exists synergy and coordination in areas requiring support.exists synergy and coordination in areas requiring support. TThe Project is designed to contribute to improved investment climate by strengthening policy and institutional capacity of key PSD service delivery institutions. It has two main components, namely Component 1: Create enabling environment for private sector led investment and growth; and Component 2: Promote development of Small and Medium scale investments and businesses; and Component. PPP projects with high socio-economic impact and that promote economic diversification away from agriculture, including those in the energy, tourism and mining sectors, will be priotised. Bureaucratic processes and challenges to access land are disincentives to potential investors. Energy challenges are a key impediment to investment. Currently, some manufacturing industries are working under capacity due to power challenges. Some mining ventures are on hold due to insufficient power. SMEs are also key to poverty reduction and employment creation, and economic empowerment especially amongst women and the youth. The Project will therefore assist in promoting PPPs in targeted sectors, create SEZs and incubators for SMEs and large scale investments, and zone sites for potential tourism investments.

31-Jan-2019

IFB – Malawi - Supply and Delivery of a Single Cabin 4x4 Motor Vehicle for Department of National Parks and Wildlife

This Invitation for Bids (IFB) follows the General Procurement Notice (GPN) for this Project that appeared in United Nations Development Business online (UNDP online of May 2018), and on the African Development Bank’s internet website (www.afdb.org). The Government of Malawi has received a grant from the African Development Bank (ADF) in various currencies towards the cost of Promoting Investment and Competitiveness in the Tourism Sector (PICTS). It is intended that part of the proceeds of this financing be applied to eligible payments under the contract number IPDC/DOT/PICTS/G/2018/05