INVESTORS ARE INTERESTED IN BINGU INTENATIONAL STADIUM – – Football, Netball, Basketball, Hockey,Tennis and sports in Malawi


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On Tuesday, Ministry of Sports and Culture was visited by  20 potential investors who came  for a consultative tour of Bingu National Stadium in Lilongwe.

The investors turned up wereManaging Director Riverside Hotel and Conference Centre, Mohammad Firoz Akhter, Chief Executive Officer of Tobacco Control Commission, Dr, Albert Changaya and these among others.

Chief Sports Officer in the ministry, Joseph Kayamba, described the huge turnup as encouraging, saying the ministry wants to outsource the facility.

“It is the intention of the ministry that the stadium should be sustained. We intend to outsource services such as cleaning and security,” Kayamba said.

During the tour, some investors expressed interest in the facility.

Akhter said they were interested in occupying some spaces at the facility.

“This is an opportunity that we should use in the right way so that Malawi can be recognised as one of the main sports places in Africa. We believe this facility can be one of the best sources of revenue,” he said.

He also revealed that he is ready to partner the ministry to install e-ticketing gadgets at the facility to maximise gate revenue.

while  Dr. Albert Changaya, cherished his first visit to the facility.

“I am so impressed that we have such a facility. As a company, we can buy a room and watch the games from here or hold meetings,” he said.

The stadium needs an estimated K500 million outside Chinese Government funding to be fully completed.

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