{"id":6225,"date":"2011-11-25T10:17:41","date_gmt":"2011-11-25T10:17:41","guid":{"rendered":"http:\/\/www.faceofmalawi.com\/?p=6225"},"modified":"2011-11-25T10:17:41","modified_gmt":"2011-11-25T10:17:41","slug":"malawi-invites-companies-to-expand-tea-sector","status":"publish","type":"post","link":"https:\/\/new.faceofmalawi.com\/index.php\/2011\/11\/25\/malawi-invites-companies-to-expand-tea-sector\/","title":{"rendered":"Malawi invites companies to expand tea sector"},"content":{"rendered":"<p> <a href=\"http:\/\/www.faceofmalawi.com\/wp-content\/uploads\/2011\/11\/tea.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-6232\" title=\"tea\" src=\"http:\/\/www.faceofmalawi.com\/wp-content\/uploads\/2011\/11\/tea.jpg\" alt=\"\" width=\"259\" height=\"194\" \/><\/a>TradeInvestAfrica reports that, Malawi, Africa\u2019s second largest producer of tea, is looking for investors to expand the sector.<\/p>\n<p>&nbsp;<\/p>\n<p>Investment opportunities<\/p>\n<p>\u2022\u00a0<strong>Development of new clonal varieties<\/strong>, which are more\u00a0productive and of higher quality.<br \/>\n\u2022\u00a0<strong>Irrigation infrastructure<\/strong><strong>\u00a0<\/strong>that will generate significant and almost immediate increases in yields.<br \/>\n\u2022\u00a0<strong>Upgrading<\/strong><strong>\u00a0<\/strong>of existing tea processing facilities and building new processing plants.<br \/>\n\u2022\u00a0<strong>Production and processing<\/strong>\u00a0of specialty teas such as green tea and hibiscus for export<\/p>\n<p>&nbsp;<\/p>\n<p>Available incentives<\/p>\n<p>Incentives related to these opportunities are general and include;<\/p>\n<p>\u2022\u00a0100 % investment allowance on qualifying expenditure for new building and machinery<br \/>\n\u2022\u00a0Allowances of up to 40 % for used buildings and machinery<br \/>\n\u2022\u00a0Loss carry forward of up to seven years, enabling companies to take advantage of allowances<br \/>\n\u2022\u00a0Additional 15 % allowance for investment in designated areas of the country<br \/>\n\u2022\u00a0Duty-free direct importation of building materials for factories and warehouses<br \/>\n\u2022\u00a0Free repatriation of dividends, profits, and royaltie<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TradeInvestAfrica reports that, Malawi, Africa\u2019s second largest producer of tea, is looking for investors to expand the sector. &nbsp; Investment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6232,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[230],"tags":[342,573,276],"class_list":["post-6225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","tag-agriculture-2","tag-economy","tag-tea"],"_links":{"self":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/6225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/comments?post=6225"}],"version-history":[{"count":0,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/6225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/media?parent=6225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/categories?post=6225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/tags?post=6225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}