Agro-industrialization, core driver for achieving job creation, Chakwera

State President, Lazarus McCarthy Chakwera, has described agro-industrialisation as key in achieving job creation, wealth creation and food security in the country.

He was speaking on Monday during the official opening of the Pyxus groundnut processing plant in Kanengo, Lilongwe.

The newly commissioned groundnut processing plant by Pyxus is a landmark achievement that will contract close to 7,000 farmers and create 2000 jobs in the process.

The groundnut processing plant is also expected to increase income generation for about 30,000 people in the country.

“If we are serious about growing the economy, then we must accept that a multi-sectoral approach to job creation, driven by the partnership between government and the private sector to build industries that add value to locally produced materials, is non-negotiable,” said Chakwera.

Chakwera: the plant will increase income generation

President Chakwera then stressed that the groundnuts processing plant will directly help Malawi to start achieving part of the strategies in the Agenda 2063.

“This investment is very vital for the socio-economic development of our country because it directly supports two of the three pillars of our long term vision,” he said.

The three pillars of Malawi 2063 include Agricultural Productivity, Commercialisation and Industrialisation.

In his remarks, Pyxus Groundnut Processing Plant Managing Director, Ronald Ngwira, said the plant will help Malawi in value addition for groundnuts which, he said, has a big role in increasing the country’s exports.

“The plant will not only increase exports, it will also bring more forex into the economy and create jobs for Malawians,” said Ngwira.

Factory workers doing quality control on groundnuts

He further explained that Malawi will raise its contribution of groundnuts to the inter1 market from 430 to 50,000 metric tonnes, which is a huge milestone in the agro-industrialization.

Ngwira then urged government to engage into trade agreements negotiations with other countries for investors to have economic safety for their investments.

On his part, Ministry of Trade, Mark Katsonga Phiri, assured Pyxus Groundnut Processing Limited of government’s increased support and commitment to open opportunities to all serious investors who will support mechanisation of the agriculture sector and help government to achieve the 2063 Agenda.

The plant, which is located in Kanengo in Lilongwe, is the second biggest groundnuts processing factory in Africa.