Investiment Policy

1. Internal Investment

NARC’S Government will place priority on attracting and encouraging internal sources of investment. This policy will be directed at local entrepreneurs whose profits can be reinvested in new ventures. Banks will be encouraged to have a special window for this category of prospective investors, through joint financial arrangements under concessionary terms.

2. Foreign Investment

The NARC’S Government will aggressively compete for scarce foreign private funds or investment into Malawi. This will be achieved by offering a hospitable investment climate. The NARC’S Government will avoid factors, which turn investors away such as inflexible labour laws and costs, lack of infrastructure, difficult regulatory frame work insecurity and the absence of a private sector mentality. To achieve this NARC’S Government will do the following:

1. Simplify investment approval procedures and make them transparent.
2. Permit prompt transfers of dividends.
3. Allow market forces to determine labour hiring and staffing levels.
4. Demonstrate its commitment to private enterprise, without any ambiguity through a national development policy which emphasizes on stability as the central condition of private investment.
5. Approach the challenge of investment promotion aggressively, dynamically and with sophistication.
6. Computerize the Investment Promotion Agency with a data base of prospective foreign investors and oriented towards marketing.
7. Establish an inflation control board to regulate prices.