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Malawi: Lilongwe Water Board to Host Infrastructure Investment Financing Conference

Lilongwe Water Board (LWB) will on November 24 2019 hold its first Infrastructure Investment Financing Conference which is aimed at raising awareness and interest from international financing institutions and development partners.

Chikuni: The Lilongwe Water Board has seven pillars of

investment which among others include water storage and

infrastructure, water production, transmission, distribution,

sanitation and catchment area management of livelihoods.

This was announced by the Board’s Chief Executive Officer, Engineer Alfonso Chikuni during a press conference held at Madzi House in Lilongwe this week.

According to Chikuni, the conference which will take place at Bingu International Conference Center (BICC) in Lilongwe, has been organized in agreement with the Government of Malawi through the Ministry of Agriculture, Irrigation and Water Development.

The conference is expected to draw participants from different sectors that include public authorities, targeted personalities engaged in international development cooperation, bilateral partners, multilateral partners, regional or international financial institutions, national and international private investors, sovereign funds, national and international non-governmental organizations (NGO) and other innovative funding.

“The Conference is expected to obtain the commitment of external and local partners to fund the implementation of the LWB Investment Plan (Lilongwe Water Program) which consists of a series of investments summarized in seven pillars,” said Chikuni.

According to the CEO, the pillars include Water Storage Infrastructure; Water Production, Transmission and Distribution; Sanitation; Catchment Management and Livelihoods; Institutional Capacity Strengthening; Design Studies, and other projects- Rehabilitation & Upgrading of Bunda and Malingunde Water Supply System, and Expansion of SCADA System.

“Under these pillars, we are undertaking projects that need a lot of finances, and these include the rehabilitation and raising of KD 1 as well as the construction of Diamphwe Dam,” added Chikuni.

During the presser, the CEO disclosed that the Board is targeting to raise at least US$460 million.

According to Preliminary Report NSO, 2018, the 2019 population for Lilongwe City is 1,000,000, and the population is forecasted to grow to 3.80 million by 2045. The city is faced with increased migration currently at 6% and mushrooming of unplanned areas providing settlement for the urban poor. The Board’s coverage is estimated at 85% of the population with a supply time of 16 hours a day, on average.