Chinese firm commits K34.6bn to water transport
<p> Hongtai Investment Group of China has unveiled plans to invest $20 million (about K34.6 billion) in Malawi’s lake transport sector by buying new cargo and passenger vessels as well as modernising Monkey Bay Shipyard. The planned investment, to be implemented over one-and-a-half years, is covered by a memorandum of understanding (MoU) signed in Lilongwe yesterday …</p> <p>The post <a href="https://mwnation.com/chinese-firm-commits-k34-6bn-to-water-transport/">Chinese firm commits K34.6bn to water transport</a> appeared first on <a href="https://mwnation.com">Nation Online</a>.</p>