Blantyre, Malawi: Potential Opportunities for Investors - Millennium ...

Meeting the challenges
Blantyre, Malawi: Potential Opportunities for Investment 14
Malawi Growth and Development Strategy (MGDS) is the blueprint for the
development of Malawi. MGDS is the strategy related to the developmental policies
being pursued by the Government of Malawi from 2006–07 to 2010–11.
MGDS
The overarching theme of the
MGDS is poverty alleviation through
sustainable economic and infrastructure
development. Six priority areas (1–
6) have been identified and budgets
have been allocated to each area
for implementation over the period
of the plan. These priority areas are
being supported through focus areas
(A–E) that form pillars of the MGDS
implementation. The total budget for
the MGDS is about US$4.5 billion over
fi ve years.
Malawi growth and development strategy
A
B
C
D
E
Sustainable
economic growth
Social protection and
disaster risk management
Social development
Infrastructure development
Improving governance
1
Agriculture and
food security
Source:
MGDS Whitepaper, IMF Country Report No. 07/55, February 2007
The MGDS attempts to replicate the
five years planning process practiced
regularly in USSR and adopted by
developing countries such as India.
The success of this model hinges
on the timely execution of individual
initiatives identified in the five year plan.
2 3 4 5 6
Agriculture and Integrated Nutrition and
food security rural development prevention of HIV
Irrigation
and water
development
Transport
generation
and supply
Move from a consumption economy to a production economy
Attract domestic and foreign private investment in production based sectors
Social security to the economically vulnerable population (children, aged citizens etc)
Preventing and mitigating the negative impact of disasters
Development of human capital with respect to health, HIV and AIDS, nutrition, education and gender
HIV and AIDS prevention programs will be central to this focus area
Five main areas of infrastructure: transport and energy, water and sanitation, information
and communication technologies, science and technology
Improving governance through economic development, prudent policy formulation, decentralization,
a strong judicial systems, providing social and personal security, corporate governance and human rights
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