Malawi's capital city of Lilongwe may get a new five-star hotel in the not-so-distant future. China Lilongwe Grand Holdings Corporation Limited is planning to invest $100 million building both the hotel and a manufacturing facility.
The announcement followed CLGHC's attendance at the first-ever Malawi Investment Forum.
CLGHC chief executive officer Jeff Zhang said that the five-star hotel will not only comprise of a hotel, but also a recreation center with a casino, karaoke and sporting facilities.
Zhang said the full complex will help the country attract more tourists and help in boosting revenue collection.
Minister of industry and trade Joseph Mwanamvekha told the Times that the China Lilongwe Company is a direct result of the Malawi Investment Forum and that more companies have already registered to invest in the country.