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


“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


“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


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