All is set for the 30th Malawi International Trade Fair which opens in Blantyre Thursday under the theme ‘Industrialisation: Basis for Trade Investment’.
President Peter Mutharika is expected to open the trade exhibition which has 222 pavilions, 12 of which are taken by foreign exhibitors from India, Tanzania, Mozambique, Ghana, Zambia and Zimbabwe.
Briefing reporters in Blantyre yesterday, Industry, Trade and Tourism Minister, Henry Mussa, urged local industries to network with foreign exhibitors to learn value addition strategies which would help boost the competitiveness of their products and services on the international market.
Mussa said the government has also brought in development partners such as the European Union, World Bank and United Nations to help equip local industries with skills on trade policies and value addition.
“This year’s theme reflects on ensuring that local industries produce products that can compete on the international market. This fair is in line with the Malawi Growth and Development Strategy (MGDS) 111, which emphasises the need for Malawi to be a productive and resilient economy,” Mussa said.
He said to achieve positive industrialisation, Capital Hill has put in place policies that seek to boost the energy sector so that local industries can produce at minimal costs.
“Power generation projects are being set up with the private sector, apart from the just-launched diesel generators so that industries do not complain of blackouts in pursuit of quality and competitive products,” Mussa added.
He also urged Malawians to patronise the fair as it is a unique networking platform for both local and foreign participants.
The fair, which will be held at the Chichiri Trade Fair Grounds in the commercial capital, will run up to June 3