Malawi Investment and Trade Centre is a trade and inward investment promotion agency, established to promote Malawi as an ideal destination for trade and investment in Africa and beyond. MITC operates as a One-Stop Service Centre for business start-ups as mandated by the Investment and Export Promotion Act of 2012.
MITC is a merger of the Malawi Investment Promotion Agency (MIPA) and Malawi Export Promotion Council (MEPC). The Centre provides specialized support to investors in all prioritized sectors for industrializing Malawi; and also promotes and facilitate export products and services of Malawi.
In actively promoting business investment in Malawi, MITC provides a range of services, which include:
Project Appraisal
- Scientifically analyzing prospective project viability in financial, cost-benefit, social and environmental terms.
Site Identification and Evaluation (Under the auspices of the Lands Specialist within the One Stop Service Centre)
- Undertaking the coordination, pre-planning and evaluation of sites and post site visits
Business Permits (under the auspices of the Immigration specialist within the One Stop Service Centre)
- Processing Business Residence Permits and Temporary Employment Permits applications and approvals
Joint Venture Facilitation
- Sourcing of joint venture partners, domestic and foreign for both Malawian and international companies
General Business Advice
- Providing wide range investment advice regarding locations, business conditions, labour practices and business services
Business Retention and After Care services
- Facilitating local and foreign business retention, expansion and aftercare services
Incentives
- Marketing of investors’ and exporters’ incentives
Inward and outward investment promotion missions
- Hosting and coordinating inbound foreign and local business delegations and undertaking outbound missions promoting Malawi as an ideal investment and trade destination
Project Profiling
- Profiling local project-based investment opportunities through local and international exhibitions, seminars and conferences
In its promotion of export trade opportunities, MITC offers exporters a bouquet of services, which include:
Export Development
Capacity building programs detailing:
- Export registration requirements
- Trade agreement compliance requirements
- Export incentive schemes
- International marketing
- Customs requirements compliance
Market intelligence, ensuring the obtaining of sufficient information about particular export markets, including:
- The source of present products and services
- Product and Country-specific features
- Government regulations
- Potential buyers
- Exploring business opportunities for exports in specific markets
Market intelligence, ensuring the obtaining of sufficient information about particular local manufacturers, including:
- Exporter Deatils
- Product descriptions:
- Company profiles and marketing materials
Export Promotion
Market Development programmes, facilitating trade promotional programmes designed to bring willing buyers and willing sellers into contact with one another including:
- National exhibitions
- Outward selling missions
- Inward buying missions
- Intra-trade business to business facilitation
- Product and market development
- National and regional trade fairs
- Industrial assessments
- Investment and Export products profiling
- Facilitation of investment processes for potential investor
- Providing aftercare exporters
