Swazi king land to visit Taiwan to lure investment

2010-07-21 09:09

King Mswati III of Swaziland is to visit Taiwan next week to lure

investment to the Southern African nation, its embassy in Taipei has

announced.

“The purpose of the visit is to encourage Taiwan manufacturers to

invest in Swaziland, and to seek Taiwan’s investment in the Swazi City and the

Science and Industrial Park,” embassy counsellor Donald Mazibuko said.

The Swazi City and the Science and Industrial Park are being

planned near Manzini, Swaziland’s commercial and industrial centre.

The park was to house hi-tech and electronics firms, Mazibuko

said.

“Foreign investors can enjoy tax cuts and other benefits.

What they

produce in Swaziland, they can export to many countries that give us tariff

exemption,” Prince Hlangusemphi Dlamini, minister for economic planning and

development in Swaziland, told the United Daily News.

The new Sikhuphe International Airport was scheduled to open in

October, the embassy said.

Landlocked Swaziland is one of the 23 countries that recognise

Taiwan.


Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
/News

Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.