India-Malawi India-Malawi 2019 | Page 30

INVEST IN MALAWI M alawi is a land-locked country covering 118,500 square meters. The country is surrounded by huge markets on all its fronts, with Mozambique off ering a population of 24 million people on the east and southwest, Tanzania with over 50 million people on the north and northeast, and Zambia 16 million people on the west and northwest. Just beyond this country, there are other huge countries such as Zimbabwe which has a population of 16 million and Democratic Republic of Congo with a population of over 70 million. All these countries are either members of SADC and COMESA to which Malawi exports manufactured products duty-free as long as they comply with a pre-stipulated minimum of local content. Malawi thus is a hub of production that conveniently directly interfaces three market fronts with a total population of over 30 • INDIA-MALAWI • 2019