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Khato holding to solve water shortage problem in malawi after getting US$700m project.
Malawi is a country that is rich in water resources, having a number of large lakes, rivers and aquifer but still have critical issues affecting their water supply.
The population of Malawi currently stands at 17.2 million and continues to rise, with 12.7% of the population lacking access to improved water sources, 69% without treated, sanitary drinking water and nearly half (47.7%) of rural populations having to travel 30 minutes or more to obtain their drinking water.
Khato Civils which is one of the leading black emerging construction companies within the South African market has been appointed to address the current problem by implementing the US$700m on the communities along Lilongwe-Salima Road which coincidentally is the designation of the Lake Malawi -Lilongwe Water Supply Project.
Khato Holdings Executive Chairman, Simbi Phiri; ”Among the focus areas is construction and renovation of schools, clinics and recreation centres,”
According to him, ”These amenities will serve the purpose of youth empowerment through employment and entrepreneurship.”
The Lake Malawi- Lilongwe Water Supply project will create spin-off businesses for thousands of locals when complete.