Capital FM

Mtalimanja eyes bamboo export market

Mtalimanja Holding Limited has revealed that it is scaling up its Bamboo factory production in order to satisfy both the local and international markets.

The development follows an overwhelming response from some countries in Europe that have shown interest to purchase the local Bamboo products.

The company, which started the Bamboo factory in 2018 has been producing household items such as tooth picks, chairs, beds, floor tiles and interior decoration items among others at its plant in Lilongwe.

Recently, the company invested over K2 Billion in the project and has been empowering some local famers to venture into bamboo farming, which the company buys in return.

Managing Director for Mtalimanja Holdings Limited, David Kamchacha highlights that a majority of its foreign clientele has found them through the Malawi Investment Trade Centre MITC.

The MITC facilitates trade between local manufacturers and international customers.

“We have received enquiries from Italy, for tiles while Germany is much interest in household furniture and some countries in the East have contacted us through MITC,” said Kamchacha.

Kamchacha further indicates that they are now focusing more on the international Markets to help the country in realising the much needed forex.

Meanwhile, Kamchacha has called on the government to establish a national policy on Bamboo forests, which will support the protection and promotion of Bamboos as alternative to the lost indigenous trees.

“Bamboos are also crucial in advancing environmental conservation and management. Other countries in Africa such as Nigeria, Rwanda and Kenya are doing it and Malawi can do it as well,” added Kamchacha.

READ  Economists differ on fiscal calendar change

The Bamboo factory by Mtalimanja holdings is the first of its kind in Malawi and has since its establishment, employed many young people.

Related posts

RBM calls for financial prudence

Earlene Chimoyo

Northern region tops use of sustainable construction materials

Florence Mwale

Airtel share value gains 120% a year after listing

Capital Radio

Leave a Comment

error: Content is protected !!