What are the Malawi Vision 2063 Pillars
A Short Introduction to the Pillars of MW2063
What is Malawi Vision 2063?
In our last article on Malawi Vision 2063, we answered the question “What is Malawi Vision 2063?” This helped us establish what it is, what are its goals, the context, and more.
This blog is the second entry of our series on the Malawi Vision 2063 and it will introduce the Pillars of Malawi Vision 2063.
What are the Malawi Vision 2063 Pillars?
The Pillars of Malawi Vision 2063 are major focus points for Malawi’s future development These three pillars are meant to build on each other to create the inclusively wealthy and self-reliant nation that they envision.
Each pillar will help build the following one. The first pillar, Agriculture Productivity and Commercialisation, will support the second pillar, Industrialisation, and both of the first pillars will be needed to reach the third pillar, Urbanisation.
The Three Pillars of the Malawi Vision 2063:
1. Agriculture Productivity and Commercialisation
2. Industrialisation
3. Urbanisation
Agriculture Productivity and Commercialisation
The first pillar of the Malawi Vision 2063 is Agricultural Productivity and Commercialisation. Agriculture is the first pillar because it is already deeply ingrained in the Malawian identity and economy. Agriculture is the most prominent way that Malawi accesses foreign exchange currencies, and therefore best connects it to the global economy. Additionally, most of the country is already familiar with agriculture, as the majority of the population are rural subsistence farmers.
Industrialisation
Industrialisation is one of the ultimate goals of MW2063. Industrialisation means the creation of new industries and value addition processes. Some examples of industrialised processes are food processing, mining, and mineral refining. Malawi imports almost all of its modern and industrial amenities. Industrial development will lead to an increase in Malawi’s export market, getting higher prices for goods produced in Malawi, and therefore bring more forex ($USD or other common trade currencies) and investment in the country.
Urbanisation
Urbanisation is the last pillar of MW2063 as it is perhaps the ultimate goal of the vision – to have developed, urbanised, and made an inclusively wealthy nation. Currently, there are only three cities in Malawi – a country of over 19 million people. Malawi is quite far from being an urbanised country, with only about 20% of the population living in urban areas. It is a priority for Malawi to urbanize thoughtfully and sustainably.
Look forward to more about the Malawi Vision 2063
Stay tuned in the coming weeks as we bring you a deeper understanding of the Malawi Vision 2063 and everything it means for the future of Malawi. We will explore each of the pillars and more of the document to bring you an analysis of the Malawi Vision 2063.
