Minister of Industry Roy Kachale Banda and his officials on Wednesday 23rd June 2021 held talks with representatives of a Japanese Company, Only one Ehime, which is producing
efficient food processing machines on the possibility of the two sides working together in promoting Indutrialisation in the country.
Among others, the two sides have agreed to work together in ensuring that Malawi should be locally producing quality machines that can be used in making products such as peanut butter which according to the Company’s manager Kenji Inoue has an export market in Japan.
Currently the Company has partnered with the Malawi University of Business and Applied Sciences MUBUS formerly Malawi Polytechnic where the machines including those used in making cooking oil will be produced.
According to the company, the project being Funded by JICA, in addition to creating jobs is also expected to help Malawi increase exportation of finished products as opposed to exporting unprocessed commodities such as Soya beans.
“Malawi is loosing job opportunities and a lot of money through exporting of raw materials, so this project where we will be producing machines used in making products is coming at the right time” said Kachale.
Only One Ehime manager Kenji Inoue said a recent study by the company has established that Malawi has quality agriculture products which if well processed can help to boost Malawi’s economy through export trading.
The two sides have since agreed to continue engaging for the project to achieve intended purposes that include helping more local entrepreneurers have access to machinery for quality products that can compete on international market. Principal Secretary in the Ministry of Industry Peter Simbani who also attended the meeting will be leading the technical team from the ministry in making sure that all suggestions and recommendations are implemented.
The ministry of Industry is implementing the Indutrialisation drive in line with Malawi 2063 agenda which has put Industrialisation as one of its three pillars.