Umodzi Park, a subsidiary of Umodzi Holding Limited, has unveiled an ambitious expansion plan which will see the State-owned enterprise (SoE) constructing additional six villas and two lakeshore resorts. Umodzi Park manages The President Hotel in Lilongwe. He said: “Umodzi Park has demonstrated that this expectation can be met and exceeded. Umodzi Park, which was established in 2012 but started operations in 2015, was posting losse and its turnaround was in the 2021/2022 fiscal year when it posted K413 million profit. In the 2024/25 fiscal year, Umodzi Park projects to post K3.9 billion profit.