The European Union (EU) Delegation to the Republic of Malawi says very soon funds amounting to €560 million (Five hundred and sixty million Euro) is expected to assist in its various projects being implemented in the country in five years time.
EU office in Malawi further announces plans to invest more in education sector particularly on technical skills education as one way of economic empowerment for the youths.
“We will remain closely involved with Malawi” Said EU Head of Delegation to Malawi, Ambassador Marchel Gerrmann in an interview, “For the period of 2015 and 2020 there is amount of €560 million Euro that will be approved over the coming month.”
“And am also very excited that now we will start in the education sector, very important for the future of this country.” He said
Ambassador Gerrmann continued, “We will invest in the Technical Vocational Educational and Training called TEVET, it is very important that young people in particular are developing skills that they can use in making a living. So am very excited by this prospect of investing more in the future of Malawi by investing in education and technical skills education.”
The EU delegation to Malawi is currently active in agricultural sector, rehabilitation of 500 Km rural roads every year, works with forestry where 11 thousand hectors of forest was set aside for regeneration and 24 thousand hectares are under sustainable management.
In addition, EU is also a largest contributor to Wide Sector Approach in Agriculture and that over last five years it has provided access to safe drinking water to 750 thousand Malawians and plans to double the impact in over the coming two and half years.
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