President Mutharika to develop rural based industrialisation package

President Peter Mutharika opened the 15th National Agriculture Fair with an assurance to develop a rural agro-based industrialisation package. The president said his government will also expedite the opening of an Agricultural bank to improve access to finance by farmers.

Said Mutharika: “We must empower farmers with capital, we must continue to establish credit facilities to support them. That is why we are establishing the Agricultural bank.”

Speaking at the opening ceremony, MCCCI President , Mr Prince Kapondamgaga said government should set out a policy framework that would provide an incentive for organized farmers to invest in the sector and promote agro-processing and value addition. In the picture President Mutharika, flanked by Minister of Agriculture, Irrigation and Water Development and MCCCI President cuts a ribbon.