MITC figures show that the Enhanced Integrated Framework (EIF) project has seen at least 10 local firms export goods valued at $7 million in the 2018/19 financial year, a development that MITC has hailed EIF for.
According to a statement by MITC, the EIF project has it assisted more than eight companies in enhancing export readiness through improvements in product packaging and labeling. MITC Public Relations Manager, Deliby Chimbalu, said the trade centre is helping companies in certification and linking them to financial institutions. “We have been working with various local exporters to help them find markets,” Chimbalu said.
In August this year, MITC said it will take advantage of the Malawi Business Day to engage potential investors in South Africa. Chimbalu said that the event was an ideal platform for addressing investment opportunities in Malawi and attract foreign direct investment.