• September 29, 2022 8:16 pm

Old Mutual Hand over K2.6Billion Hostels

Dec 16, 2021

BY Judge Katika- Malawi Exclusive

Government has appealed to the private sector to invest more in education in order to invest a future Malawi which will require good educated people.

Speaking during the unveiling ceremony of the Hostels for Kamuzu University for Health Sciences-Lilongwe compass, Minister of Education Agness Nyalonje said government a lone can not manage to cover all problems that are in the sector and recommend old mutual for constucting hostels saying the hoste will provide a away of achieving the agenda 2063 for development that requires good education.

She said university education requires good hostels especially girls so that they can be secured.

She observed that government alone cannot fully support the education sector because there are many areas of need. She therefore commended Old Mutual Malawi for constructing the hostels through the Public-Private Partnership (PPP) initiative. 154 beds have been constructed in the first phase at a cost of K2.6 billion. About 4,000 beds will be constructed by the end of the third phase. Nyalonje says government is also looking at some crucial areas in the education sector such as providing good accommodation and students’ loans in Secondary schools and Universities.

“There is a lot of challenges in education sector intems of infrastructure, we would want the private sector through the PPP to come forward to invest in the education sector.”

Old Mutual Malawi’s Group Chief Executive Officer Edith Jiya pledged that the company will invest in crucial sectors that make a positive impact on the country’s economy.

“Since two years ago we embarked on an strategic initiative to actuary depened investment channels, within the county”

A total of 185 individuals were employed during the construction of the hostels. The hostels include a variety of rooms including 50 shared rooms for undergraduate students, 30 ensuite rooms for masters students and 16 contained studios for PHD students.

She also urged the students who are going to use the new hostels to take care of them and work hard.

She also thank the public partnership commission for their perseverance in taking part for the construction.

Nyalonje added government is is advancing some major areas in education such as providing good accommodation in secondary schools and universities, and providing loans.

A total of 185 individuals were employed during the construction of the hostels. The hostels include a variety of rooms including 50 shared rooms for undergraduate students, 30 ensuite rooms for masters students and 16 contained studios for PHD students.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.