Malawi: Goodall Says Khato Seeks New Financier in K400bn Lilongwe-Salima Water Deal

18 March 2019

Minister of Finance, Economic Planning and Development Goodall Gondwe who dislosed last year that government has signed a deal with a financier of the K400 billion Lilongwe-Salima Project, effectively putting on course the project that faced several hurdles, has said the contractor Khato Civils is negotiating with new financier.

Gondwe is on record to have said last year that Khato Civils of Simbi Phiri identified a financier, Trissag Espanola of South Africa, but headquartered in London, to finance the K400 billion project.

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