Page 26 - DMA Malawi Report 2013

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24
Investing In Malawi
2013
Likoma Island
Projects –
Chiponde Site
The Chiponde site is on the southeast
shores of Likoma Island. Likoma has a
diversity of attractions and the market
envisaged for the unit is both local,
regional and international.
Ulisa 1, 2 and 3
Ulisa is on the western shore of Likoma
Island where sandy bays are protected by
granite rock outcrop.
Maleri Islands
These are three islands in the nor thern
par t of Lake Malawi National Park.
A multi-purpose structure incorporating
a restaurant/bar/lounge with 20
independent grade separated units built
with natural materials would be suitable.
Other
Investment
Opportunities
A total of four sites have also been
identified for eco-tourism development
in the NkhotakotaWildlife Reserve.
Land & Lake Safari is seeking a joint
venture par tner to build, develop and
run a tourist lodge in Lilongwe, within
the protected confines of the Lilongwe
Nature Sanctuary. This is one of the
tourism projects that the government is
working on with the private sector under
a concessionary agreement.
The Malawi Development Corporation
(MDC) intends to construct and operate
a game lodge within the Liwonde National
Park, this can be investment oppor tunity
for investors. Hotels can be built along the
beautiful Lake Malawi as it is a popular
tourist destination. Its sandy beaches and
unique species of fish offer tourists and
other visitors exciting holidays.
Conclusion
In summary, it is fair to say that the
tourism sector in Malawi is already well
established and growing. In spite of recent
global challenges, such as the high cost of
travel, and more local problems, such as
the provision of adequate tourist facilities
and basic infrastructure, it is clear that the
potential for growth in Malawi’s tourism
sector is considerable – especially in the
rapidly growing, high-value area of eco-
tourism. The government has embarked
on an ambitious plan to make the country
a leading eco-tourism destination over
the medium-term, with an emphasis on
sustainable development and making
the most out of its inherent strengths
– its abundant wildlife and its stunning
landscapes, including its vast lake and its
mountainous plateaux.
Malawi has recently had some major
tourism-related wins, including being
crowned runners up in the 2012 Safari
Awards “Best Africa Tourist Board”
category – beaten only by Kenya,which has
long been deemed the gold standard for
African safaris.The recent introduction of
leopards and lions into the 70,000 hectare
MajeteWildlife Reserve – to compliment
the existing elephants, Cape buffalo, sable
and black rhinos – has been the focus of
much industry and media attention, and
it marks a significant milestone in the
rehabilitation of the reserve, as par t of an
ongoing conservation success story that
is enabling Malawi to compete with the
likes of Zambia, Tanzania and Kenya for
safari tourism dollars.
In the east of the country, approximately
US$850,000 is being invested by
The World Bank into the 700 square
mile Nkhotakota Wildlife Reserve,
in order to conserve and protect
wildlife and develop strategies to
drive sustainable tourism.The investment,
which includes training for local
people in both guiding and natural
resource management, is expected to
significantly boost visitor numbers and
interest in the region.
In addition to investment in wildlife,
Malawi is benefiting from gradual
improvements to its infrastructure,
including better airline links to Europe.
Ethiopian Airlines, for example, has
recently introduced an improved summer
schedule from London Heathrow to
Lilongwe. With more tourism money
flowing into Malawi each year, it is likely
that other airline operators will soon
follow suit. Over the last 18 months,
the country’s tourism industry has
been fur ther boosted by significant
investments from high profile operators
and accommodation providers such
as Robin Pope Safaris and Saga. With
big players finally getting involved and
plenty of scope for structured forms
of investment on the ground, Malawi’s
tourism sector looks set to develop
rapidly from here on in.
“Malawi has recently had some major
tourism-related wins, including being
crowned runners up in the 2012
Safari Awards “Best Africa Tourist
Board” category