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MPICO was established on the 12th August, 1972 with a nominal capital of MK4 million by Capital City Development Corporation, a parastatal with the objective of attracting international and Malawian based commercial investment of the development of Malawi's new capital city in Lilongwe in accordance with the Capital City Construction Act of 1968.

While the CCDC concentrated on the fabricating infrastructure for the new capital city such as of urban infrastructure low cost shelter and government offices, MPICO concentrated on building private sector offices, shops, factories, hotels and warehousing etc with the assistance of private sector capital. MPICO incorporated subsidiary companies to suit the needs of particular investors and development projects. By 1979 the MPICO group comprised 18 companies, 400 residential units, 2 hotels, 11 industrial units and a number of other properties with funds utilised or available of over MK29 million, involving 59 investors other than CCDC.

The Government of Malawi, through the Ministry of Water and Irrigation Development, in close collaboration with other key stakeholders is undertaking water sector restructuring with the aim of ensuring equitable access to and use of water resources amongst the various users and players, and also ensuring that reforms in the water supply and sanitation services provide for equitable access by all Malawians.

Shire Buslines Limited was established in 1947 under the British Protectorate Administration of Nyasaland and operated its first service on 12th May, 1947. The company has been in operation for 59 years and during this period it has undergone a number of changes in the shareholding structure. At present, the Government of Malawi holds 85% of equity and 15% is held by employees. Since 1997, the company has been undergoing continuous restructuring in order to realise better efficiencies against a backdrop of a de-regulated and overly competitive market. The major challenge facing the company is inadequate capital to finance the aged fleet of buses. As a result, the company has struggled to realise adequate profits in recent years.

In 2006 the Government of Malawi commissioned a comprehensive institutional analysis and a forensic audit into the operations of Malawi Development Corporation. Following the completion of the forensic audit and the institutional analysis, the Government of Malawi decided to wind up Malawi Development Corporation (MDC) and mandated The PC to manage the process.

Following a competitive process, Mr. D. Kainja of Kainja and Dzonzi Company was appointed as the liquidator of MDC. Work on the liquidation of the company is underway.

Following the development of the Power Sector Reform Strategy, the Government of Malawi, through the department of Energy in close collaboration with key stakeholders started to implement broader reforms in the Energy sector. These reforms call for greater involvement of the private sector in the production and delivery of power, and particularly the introduction of private sector participation in the operations of ESCOM.

One of the activities being undertaken is to develop modalities for attracting private investment in new power generation stations through Independent Power Producers (IPPs) who would sell their power to the transmission company, thereby providing increased capacity to the national grid, with excess being available for export into the region through the Southern Africa Power Pool (SAPP).