By Levison Lester

Lilongwe, April 5, Mana: Minister of Mining, Monica Chang'anamuno has said the Mining Investment Forum which is scheduled to take place in the country will be crucial in accelerating the growth of mining industry.

Briefing the media on Friday in Lilongwe, Chang'anamuno said the conference will take place on 23 and 24 April in 2024.

"The Ministry of Mining is pleased to announce that it will hold a Mining Investment Forum at Bingu International Convention Centre (BICC) in Lilongwe which has been organized under the theme of transforming the nation through Sustainable Mineral Extraction.

"The mineral resources that the country has is instrumental in industrialization as scribed in the Malawi Agenda 2063 vision. The mining sector is a significant source of government revenue through taxes and fees which are essential in funding developmental initiatives across other sectors," She said.

The Minister also highlighted that the Malawi Government is committed to the growth of the mining Industry which will be able to contribute 20 percent to the national Gross Domestic Product (GDP).

Chang'anamuno also said the forum will serve as a platform of stakeholder’s engagement in the industry, and this will also promote Agriculture, Mining and Tourism (ATM) strategy that President Lazarus Chakwera implemented some weeks ago in Mzuzu.

Chang'anamuno applauded the Members of Parliament for passing the 2024/25 national budget saying this will help in the operationalization of Mining Regulatory Authority and Mining Company in the country.