|
Malawi Development Corporation is a finance institution of the Malawi nation which mainly works for the development of the nation. Malawi Development Corporation was established in the year 1964 by following an act of Malawi Parliament. At that time the Malawi Development Corporation was established as a legal organization. The main function of the Malawi Development Corporation is to grow all the sectors of the Republic of Malawi economy like the commercial, agricultural and industrial sectors.
The Malawi Development Corporation also attempts to develop the mineral resources of Malawi. Apart from the development of the different sectors of the nation's economy this finance development institution of Malawi also prefers to apply healthy business principles for the Malawi nation.
Dr J.A.A. Jama is the recent chairperson and Mr. G. Malunga is the deputy chairperson of the Malawi Development Corporation. Malawi Development Corporation is a legal organization which operates developmental works under the control of the Malawi Government. The Malawi Development Corporation by investing money also encourages commercial as well as industrial activities in Malawi. The Malawi Development Corporation encourages commercial and industrial activities also in partnership with private investors from inside and out side the nation.
|
