Malawi 2063. Malawi's Vision: An inclusively Wealthy and Self-reliant Nation.

The Malawi 2063 is a long term national multi sectoral vision of Malawi for the period 2020-2063. Its main objective is to transform Malawi into a youth-centric inclusive wealthy and self-reliant industrialized upper middle-income country.
To this end, it sets out measures aiming at creating: a strong economy with a competitive manufacturing industry, driven by productive agriculture and mining sectors; world-class urban centers and tourism hubs with requisite socio-economic amenities for a high-quality life; a united, peaceful, patriotic Country, with people actively participating in building their nation; an effective governance system and institutions strictly adhering to the rule of law; a high-performing and professional public service as well as a dynamic and vibrant private sector; globally competitive economic infrastructures and human resources; an environmentally sustainable economy.
This Vision has been developed through an inclusive and participatory multi-stakeholder consultative process. The imagined transformation aims at two fronts. Firstly, the development must be pursued changing from focusing on poverty reduction to wealth creation. Secondly, the structure of the economy must be transformed from a predominantly importing to an industrialized exporting economy. Drawing on the goal of a wealthy and self-reliant nation, the vision aims to adopt an inclusive democratic developmental state philosophy, where the state plays an active role while forging a strong alliance with the private sector. The success and achievement of an inclusive democratic developmental state will be premised on three main factors: a visionary and development-oriented benevolent leadership; a competent and relatively autonomous state bureaucracy; and a strong public-private alliance that promotes the common development agenda of the Country.
The Malawi 2063 vision is anchored on three pillars among which there is a close linkage: 1. Agriculture Productivity and Commercialization, to be enhanced trough improved and sustainable land management practices, climate smart and resilient agriculture, diversification of the agriculture sector, use of modern technologies, access to targeted agriculture insurance, development of an agricultural finance policy, will produce and supply raw materials for industrial processing and healthy and nutritious food. The growth of agro-based industries associated with job creation will economically anchor the creation of urban centers. The urban centers that include tourist-based cities will act as off-takers of agricultural produce. This connectivity in agriculture shall ensure an increase in the number of youths engaged in competitive agricultural value chains. 2. Industrialization shall be achieved by increasing investments to establish both traditional and non-traditional manufacturing firms, technological innovations, mining and other services, like increased access to affordable finance, increased transport and storage infrastructure, investment in power generation, promotion of research, science, technology and innovation. Manufacturing will be essential in building a resilient, integrated, independent and self-sufficient economy. The growth of industries will thus create more jobs, income and opportunities for people. Most of all, industrial growth means availability of a ready market for agricultural produce, thus enhancing commercialization. At this point, urban wage rates shall start rising. 3. Through urbanization, which offers considerable opportunities for accelerating socio-economic transformation, the vision sees smart, well-planned and serviced secondary cities disseminated throughout the Country, that are anchored on sustainable economic activities in agriculture, tourism, mining and industry. Urbanization will follow an integrated approach encompassing spatial, economic, social and environmental considerations.
The attainment of these three pillars will be catalyzed by seven enablers, namely: Mindset Change; Effective Governance System; Public Sector Performance; Private Sector Dynamism; Human Capital Development; Economic Infrastructure; and Environmental Sustainability. The enablers will propel the country towards achieving economic independence, inclusive wealth creation, self-reliance and a high quality of life for all its citizens.
The implementation of such an inclusive Vision will require, not only a coordinated approach, but a focus on the following critical factors: good governance, economic growth and development fundamentals, investments and entrepreneurship development; developed economic infrastructure; strengthened macroeconomic policies and public service delivery; strong alliance between government and the private sector; potential risks and mitigation measures; the implementation of guiding principles. Since 2063 is a long period of time to operationalize and realize this Vision, the country will continue formulating and implementing 10 and 5-year medium-term plans and track attainment of the aspirations herein regularly.