Page 9 - Productmag91
P. 9
Ladies and Gentlemen, In as much as we are provide capital investment
Tonight, we celebrate the singling out a few of support, establish a
achievements of firms that you for the outstanding preferential tax regime
have attained exceptional contribution to our exports and favourable customs
levels of business over the past 12 months. regulations among other
excellence and resilience. I, however, personally things.
These companies have regard every one of you as
distinguished themselves winners because you are We have also prioritised
by delivering superior all earning us the much- a number of trade
performance in the export needed export dollars that facilitation initiatives
and service sectors in terms will contribute in building in order to simplify
of value addition and forex our nation’s wealth and international trade
generation. creating prosperity for procedures with a view
every Malawian. to reducing your business
As many of you are aware, transaction costs.
My Ministry developed the Ladies and Gentlemen, as
National Export Strategy you know, now you have an These include
II to guide Malawi’s Industrialist in the Ministry establishment of One
interventions aimed at of Trade and Industry with Stop Border Posts (OSBP),
increasing the contribution a strong background in National Single Window
of exports to the economic the private sector, and and Coordinated Border
and social transformation of who is fully aware of the management.
our economy. importance of the private
sector in driving the growth For your information, we
For this to be realised, of any economy. You can are commissioning the first
obviously the major drivers surely count on my full OSBP in Malawi in Mchinji
behind is the private sector. support and solidarity in all next week and the State
We certainly need to set your endeavours. president His Excellency
this country on a path Dr Lazarus Chakwera
of economic structural Ladies and Gentlemen, together with his Zambian
transformation and Be assured that this counterpart, His Excellency
industrialization. economy is slowly Hakainde Hichilema will
rebounding and we would preside over the event. Our
As you know, for a long like to move towards higher aim is to ensure that cross
time we have had a narrow levels of productivity. border transactions are
productive base that has expedited.
constrained the country’s One of our priority areas
export growth and made is to establish Special Ladies and Gentlemen,
us to continue depending Economic Zones and This is your night, a night to
on imports for most of our industrial parks across in enjoy and celebrate your
needs. Blantyre, Lilongwe and incredible achievements
Mzuzu with a view to spur and success. Therefore,
This situation has sadly massive industrialization. allow me to stop here.
contributed significantly to a Once again, my heartiest
trade deficit that continues We expect that the SEZs congratulations to all the
to widen and constrain will play a key role in award winners.
Malawi’s GDP growth. driving the country’s
Therefore, I would like us to Industrialization Strategy It is well deserved, and
join hands and implement and help us to achieve the the Ministry look forward
the transformative NES Malawi 2063 ambition of to seeing your future
II and the Malawi 2063 transforming Malawi into contributions to this
agenda that will allow your a wealthy and self-reliant economy.
businesses and our economy industrialized ‘upper-
to thrive. middle-income country. Thank you and
Ladies and Gentlemen, Through the SEZs we shall have an enjoyable
National Product Magazine 2023 9