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Lake transport project gets $20 million first phase

By Brenda Kayo: The Malawi Government has signed a Memorandum of Understanding (MoU) with Chinese company HongTai Investment Group for the construction of three lake vessels and a modern port at Monkey Bay. The project, which is expected to be completed within two years, will initially receive $20 million from the…

Times Group MalawiBy Times News
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Lake transport project gets $20 million first phase
Image via Times Group Malawi

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Times Group Malawi.

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Original headline: “Lake transport project gets $20 million first phase

  • National
  • HongTai Investment Group
  • Lake Malawi
  • Lake transport