Malawi president calls for more foreign investment in mining, tourism sectors

LILONGWE, April 25 (Xinhua) -- Malawian President Lazarus Chakwera has called for more foreign investment in the African country's mining and tourism sectors to help transform its economy.

Chakwera made the remarks on Thursday evening in Lilongwe during the official opening of the sixth Malawi International Tourism Expo, which has attracted over 40 foreign dignitaries and more than 50 local organizations.

According to Chakwera, Malawi has various mineral resources such as gold, uranium and rutile. He encouraged foreign investors to take advantage of the opportunities available in the country's mining sector.

Besides mining, Chakwera said, Malawi's tourism sector also offers opportunities that are open and ready for foreign investment.

The president said that his government has removed visa restrictions for nearly 100 countries, making this an ideal time for foreign investors to come to Malawi and invest in both tourism and mining.

The Malawi International Tourism Expo is held annually to promote the country's resources and products, ranging from agriculture to tourism and mining, in an effort to attract potential investors. This year's edition runs from Thursday to Saturday. ■