๐ Tender Overview
Scope :
Magwero industrial park, the country's first special economic zone, located 10km from the capital Lilongwe.
The park is being developed under a public-private partnership by the pan-African ARISE Integrated Industrial Platforms (ARISE).
ARISE signed a framework contract in June 2023 with the Malawi Export Development Fund for the development of the industrial park. ARISE has a 65% shareholding, with the fund owning the remainder.
African Export-Import Bank (Afreximbank) is providing US$300 million in project financing to support the development of the park.
Magwero industrial park will be established in phases across 417 hectares and will comprise an industrial zone, logistics warehouses, a residential area, an internal container depot terminal, utilities infrastructure, and ready-to-use hangars for small and medium-sized enterprises.
Magwero industrial park masterplan
The park will support various sectors including agriculture and manufacturing and is intended to promote the processing of local raw materials into high value-added finished products. It will include production units for glass, construction materials, lighting products such as LED accessories, plywood, and paper production.
The first factories are expected to be ready in 12 months, with the park operational from 2026.
Magwero industrial park is planned to generate at least 15,000 jobs for Malawians, US$600 million in annual export revenues and about US$600 million in foreign direct investment flows. It has been sited near Kamuzu International airport and the Malawian railway network.
Through a special purpose vehicle, Arise and Export Development Fund established Magwero Industrial Park Limited. Arise is expected to provide logistical services to aggregate raw materials to supply to the manufacturers.
