PROJECT DESCRIPTION

Mzuzu University is located in Mzuzu, in the northern region of Malawi. It was founded in 1997 and accepted its first students in 1999. It is one of the principal universities in Malawi. Mzuzu University seeks to construct a conference and business centre, complete with dining facilities, as a service and income generating venture that would serve the compass and the City of Mzuzu. The facility as currently envisaged would comprise conference room with breakaway meeting rooms and office space as well as 6 shops for use as retail or banking outlets and an upmarket bar and restaurant. The layout, though, is open to discussion and negotiation with a serious partner.

PROPOSED INVESTMENT

The business centre, as currently envisaged, will comprise the following facilities

·Conference room sitting 300 persons with two VIP lounges

·Communication area providing for refreshments, an internet room and two offices, including a printing and photocopying services

·4 meeting rooms/offices

·6 shops/banks

·Ablutions

·VIP bar and Restaurant (50 persons seating capacity) with kitchen

·VIP drop off and car park

PROJECT LOCATION

The project will be located at the Mzuzu University main campus immediately to the right of the main entrance, adjacent to the M1 road and with direct access to the road, ensuring that the business area is detached from the University Learning area to minimise conflicts with student education activities. The University has ample land for the proposed development.

ESTIMATED COST OF PROJECT

The estimated cost of the project is US $ 3million

PROJECT REQUIREMENT

The University is looking at a Public-Private Partnership arrangement e.g. through a Build, Operate and Transfer Agreement, or 100% direct investment/joint venture, subject to negotiation.


Expressions of interest from any prospective investor will be evaluated by internal procurement committee with final approval by the University Council