INTEGRATED TOURISM FACILITYProject description
Spread across Central Malawi, the highlands along Lake Malawi’s shores, and the central shoreline, the Salima-Dowa-Kirk Range-Lilongwe Node boasts one of the greatest geographic diversities among Malawi’s Tourism Nodes. This region offers a unique and balanced blend of lake- based, nature- based and cultural tourism experiences.
Senga Bay, where Salima lies, is the closest Lake Malawi resort area to Lilongwe, situated about 120 km to the east by road, and is already established as a popular weekend retreat and conference venue for residents of the capital.
Promoted by the Ministry of Tourism, the project aims to develop an inclusive tourism facility, offering relaxation, business, shopping and entertainment to guests and visitors. This initiative will enhance the quality of life and living standards for communities in and around Salima, while also working towards transforming Salima town into a city. To achieve this, the project will provide top-notch tourism products featuring:
Accommodation Options: Adequate lodging facilities catering to various tourist categories
Business and Events: Convention Centre for corporate meetings
Leisure and Recreation: Sporting Complex, Shopping Complex, and Casino and Entertainment Centre
Community Engagement: Corporate social responsibilities, including employment, income-generating activities, and procurement of local products
Operations and Maintenance: High-quality facility management and maintenance services
Financial requirements
Total project costs are estimated at EUR38.8 Million (US$43.29 Million)
Financial feasibility
Capital Expenditure Requirement: EUR38.8 Million (US$43.29 Million)
Net Present Value: EUR56 Million (US$62.66 Million) (for traditional procurement)
Internal Rate of Return: 12.4%
Payback Period: 9 years
Proposed investment model
The Government intends to develop this project through a Design-Build-Finance-Operate-Maintain-Transfer (DBFOMT) Public-Private Partnership (PPP) model.
Contacts
The Secretary for Tourism
Private Bag 326
Lilongwe
Malawi
Noah Nansongole - Deputy Director of Tourism:
noah.nansongole@visitmalawi.mw
Info@visitmalawi.mw
