Swaziland

Swaziland Investment Opportunities

Invest in:

  • Agro-industry and food processing
  • Light manufacturing: Textiles, Consumer goods, automotive components
  • Tourism Infrastructure
  • Education and training, etc
  • Off-shored services: Back office Outsourcing, Call Centres and Head Office operations
  • Power Generation
  • Mining

Swaziland offers investors the following: -

  • Wide spectrum of investment opportunities
  • Access to production resources …raw materials, land, finance, human resources
  • Excellent road and communication infrastructure …fully digital, fibre optic telecommunication on system
  • Superb and affordable utility services … clean water and stable electricity
  • Developed and solid financial services
  • Large regional and international market access
  • Safe, secure, stable and profitable business environment
  • Proximity to strategic international sea and air ports

 

Our services include

  • Market Swaziland for foreign investment
  • Project evaluation and implementation
  • Investment facilitation and aftercare services
  • Domestic Investments (SME) development, linkage and support
  • Market and sector research and policy analysis

 

Contact Details

 

SWAZILAND INVESTMENT PROMOTION AUTHORITY

1st Floor, Nkhotfotjeni Building, Cnr Msakato and Dzeliwe Street, Mbabane

P. O. Box 4194, Mbabane, Swaziland

Tel (+268) 2404 0470/2/3/4| Fax (+268)2404 3374

E-mail: info@sipa.org.sz

Website: www.sipa.org.sz

 

 

The Editorial:

 

The Swaziland Investment Promotion Authority (SIPA), established in 1998, has been growingly refining its approach towards attaining its mandate of attracting, promoting and facilitating foreign and local investments. Over the years Swaziland has received sizeable investment inflows into a diverse range of sectors, predominantly the manufacturing, agriculture and textiles and apparels industries. Despite the turbulent investment terrain due to global and regional economic developments, the country has maintained most of its traditional investments as well as markets, most of which are preferential in nature. In the early 2000s investments by the textiles and apparel sector tumbled owing to the sectors sensitivity to the direction of the exchange rate of the local currency to the United States dollar. Nonetheless other industries have reinvested to take advantage of Swaziland’s competitiveness; a sign of confidence in the economy. To leverage economic diversity and widened export base, SIPA will be completing an economic diversification study this year to harness competitive sectors and streamline policy and regulations towards sustainable growth and development.

 

The four different departments within SIPA have interlaced effectively to ensure that investment inflows occur despite the environment; existing investments are retained and motivated to reinvest their earnings; there is inclusive participation of SMEs and large enterprises in the production chain; and local investments participate in production chains of foreign companies through partnerships, joint venture, agency and distribution contracts and franchise contracts. Therefore the Authority and the Government of Swaziland have placed emphasis in improving and managing the investment climate through coordination by tracking global benchmarks such as the World Bank’s Ease of Doing business index, the Global Competitiveness Index among many. To date informed policy and legislation adjustments have seen more than 5 business supporting legislation passed in 2011, and an Investment Policy being adopted. Strong collaboration between SIPA, Government and the private sector has ensured recently in order to minimize omissions.

 

The authority is also taking rigorous steps towards creating and maintaining strategic partnerships with other local trade and investment support institutions. Such has been informed by a new strategic plan which SIPA aims to improve service delivery. With its drive to excel, SIPA is expanding in April 2012 by adopting a Trade Promotion Unit previously a Government unit, in order to promote and facilitate domestic and international trade.

 

The four key departments include:

 

Foreign Direct Investment (FDI)

This department is responsible for marketing Swaziland’s competitive sectors and industries. In 2010, revised FDI data indicate a growth of 18.4% to $857 million mainly as a result of reinvested earning.

 

Domestic Investment

Small and Medium Enterprise growth is facilitated in this department through the linkage programme, assistance towards finance and market information and access. The department facilitates linkage between FDI companies and the Small and Medium Enterprises.

 

 

Investor Facilitation and After-Care

 

Provides support to all foreign and local investment. The department has since introduced a flexible one stop shop facility to investors which includes assistance with business registration, operating license(s) application, work & temporary residence permits, factory space acquisition, legal and environmental compliance among others.

 

Research and Policy Analysis

This department provides, investigates and influences policy, formulates a strategy to grow investments through well studied approaches. It monitors and interprets micro and macroeconomic landscape to keep SIPA relevant to investors and the country at large.

 

Our Partners include;

 

The Southern Africa Trade Hub (SATH), The World Bank, UNDP amongst others.