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MALAWIANS HAVE HIGH EXPECTATIONS FROM COMPACT, SAYS ENERGY MINISTER

Minister of Natural Resources, Energy and Mining Aggrey Masi says expectations on the $350.7 million Malawi Compact implementation from the general public are high. Masi, speaking during the seventh Semi-Annual Review forum in Lilongwe, said such expectations are in the wake of many challenges that the power subsector has been experiencing in recent years. The Minister said the Malawi Compact is a stepping stone that would allow Malawi to forge ahead in unlocking and unleashing the potential of the power subsector in Malawi towards sustainable economic growth. Malawi Government and USA Government signed a Compact in April 2011 before it Entered Into Force on September 20, 2013. So far four years of Compact implementation has elapsed and only less than a year remains to complete all the projects