Communities along the Golomoti–Monkey Bay Road are set to see improved movement, easier access to markets and better links to essential services as reconstruction of the long-awaited road begins.
The 28.4-kilometre project is expected to reduce transport challenges affecting residents and businesses between Dedza and Mangochi districts, while creating new opportunities for trade and economic activity.
National Bank of Malawi (NBM) plc is financing the reconstruction through a K100 billion loan facility, with Minister of Transport and Public Works Jappie Mhango saying the support will accelerate the project’s implementation.
“This is a substantial investment, and as a ministry we are delighted because road construction is very expensive. This support will help us improve the country’s road network, which has faced numerous challenges due to poor road conditions,” said Mhango.
NBM plc Board Chairperson Grant Kabango said the bank’s financing demonstrates its commitment to supporting infrastructure development and Malawi’s economic growth.
Roads Authority Technical Advisory Committee Board Chairperson Engineer Newton Kambala said improved roads will help communities by reducing delays in transporting goods, improving access to health facilities and preventing farmers from losing produce before reaching markets.
The project, which has been awarded to Mota-Engil, is expected to be completed within 12 to 24 months.
