Malawi, ADB to sign MK37 billion worth Agreements Malawi - TopicsExpress

Malawi, ADB to sign MK37 billion worth Agreements Malawi Government and the African Development Bank will on Thursday July 31, 2014 sign three agreements worth MK37 billion. The Agreements one of them is on the Nacala Road Corridor Phase 4 project worth MK 42.36 million UA, approximately MK26.4 billion and a Grant Agreement for 610,000 UA which is approximately MK379million. The other Agreements are on the Sustainable Rural Water and Sanitation Infrastructure for Improved Health and Livelihoods Project amounting to 15 million UA, approximately MK9.4 billion; and the Lower Shire Water Development Feasibility Study of Euro 1.793 million, approximately MK993 million. The signing ceremony will take place at the Ministry’s Conference Room at Capital Hill in Lilongwe.

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