SMEDCO приступит к восстановлению простаивающего 17 лет промышленного оборудования на юге Малави

The Small and Medium Enterprises Development Corporation (SMEDCO) says it is preparing to rehabilitate factory machinery that has remained unused for more than 17 years in parts of the Southern Region. SMEDCO Chief Executive Officer Kondwani Kachamba recently inspected the equipment during an assessment tour covering Bvumbwe and Thyolo, as well as Zomba, Malosa and Mulanje. The assessment revealed that machinery designed for processing milk, rice, maize flour, fruit juices and other products has been lying idle for years. Speaking to journalists, Kachamba said SMEDCO will start the restoration exercise next week, with the aim of putting the equipment back into operation and enabling communities to benefit from the facilities. He said the initiative is in line with President Professor Arthur Peter Mutharika’s vision of promoting economic self-reliance, industrial development and employment opportunities within local communities. Kachamba said reviving the machinery will help unlock the potential of the facilities while creating opportunities for small and medium enterprises to participate in local production and value addition. The move is also expected to contribute to efforts aimed at strengthening local industries by making productive equipment available for use instead of allowing it to remain idle.