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Ministry courts traders to invest in Balaka

The Ministry of Local Government and Rural Development has courted investors to invest in Balaka by exploiting opportunities in mining, cotton farming, value-addition and moringa growing.

Speaking during the second development and marketing fair in the district recently, the ministry’s director of planning Rex Kalilombe said the first port of call for investors and development partners is the district development plan (DDP), which is the socio-economic profile of a district.

Kalilombe: We have a marketing strategy

Speaking during the second development and marketing fair in the district recently, the ministry’s director of planning Rex Kalilombe said the first port of call for investors and development partners is the district development plan (DDP), which is the socio-economic profile of a district.

“Balaka has come up with a marketing strategy which development partners and investors can look up and decide where they can capitalise or intervene and the district will not entertain anything outside the marketing strategy,” he said.

Kalilombe said Balaka boasts of an entrepreneurship culture and despite prevalent challenges with water supply and environmental degradation, investors can identify business opportunities to exploit.

Balaka District director of administration John Baluti said the DDP is a result of exhaustive engagement and consultations with all stakeholders in the district and central government.

“We are trying to put ourselves on the roadmap by advertising our DDP so that everybody who comes to the district to invest or intervene with projects should follow this roadmap so that there are no overlapping of interventions and investments,” he said.

Baluti said the main areas of investment opportunities in Balaka are cotton farming, water harnessing, mining and infrastructure development.

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