President Professor Arthur Peter Mutharika has hailed Toyota Malawi for its contribution to the socio-economic development of the country.

Mutharika said this on Friday in Lilongwe during the 50 Years Anniversary Celebrations of Toyota Malawi Limited held at Capital Hotel Marque.

“Toyota Malawi has contributed to the economic development of the country in many ways. Apart from the various vehicle models and value adding services provided by Toyota Malawi, the company has demonstrated to be a good corporate citizen by contributing to the social challenges Malawi faces in form of corporate social responsibility.

“Your generous contributions, especially to the health sector, has helped in saving lives of many Malawians. It is my sincere hope that Toyota Malawi will continue to be a partner in alleviating Malawi’s health challenges”,

Mutharika said transport is very important for the development of any economy and Malawi is no exception.

“My Government holds in esteem the contribution of the transport sector to the economy. It is against this background that transport sector is one of the four priority sectors together with agriculture, energy and manufacturing that my Government believes can quickly spur rapid economic growth. As a demonstration of commitment to the transport sector, my Government has removed import duty, import excise and VAT on all minibuses that are zero to five years”, said Mutharika.

Mutharika further said he is sure that Toyota Malawi will continue in providing innovative mobility products and services to the Malawi nation to help in efficient service delivery for both government and private sector operations.

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