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Finance request | Hospitality & Hotels, Malawi
Malawian property developer aims to construct mid-scale hotel and hotel school in Lilongwe. Developer has secured 70% funding and is looking for investors to provide the deficit of funds.
Country: Malawi
Industry: Infrastructure
Products & Services: Hotel and hotel school
Details of Opportunity:
The proposed development is for a mid-tier hotel and school. The project seeks to influence the emergence of SMMEs in Lilongwe’s tourism industry, maximising job creation, forging Private Public Partnerships and addressing poverty alleviation. The total investment need is US $16.90 million and the 30% deficit required by investors, equity partners or debt providers will amount to approximately US $5.02 million.
