Swaziland
Swaziland’s Trade and Investment Opportunities
Presentation outline
About Swaziland -location and the economy
Trade and Investment Opportunities
About the FSE and CC
Conclusion
Swaziland-The Switzerland of Africa
Nestled between the Republic of South Africa and Mozambique, Swaziland is truly the Switzerland of Africa
It covers 17, 398 km2
A population of slightly more than 1 million people
Four distinct ecological region
An industrialised economy
Swaziland-The Economy
By any developing country standards, Swaziland’s economy is highly industrialised and export oriented
Agriculture remains important as the manufacturing sector is agro-based
Manufacturing contributes more than 30% to GDP
Major Exports
Cold drink concentrates
Sugar
Coal
Wood pulp
Consumable finished goods
Canned fruits
Citrus fruits
Meat and meat products
Major imports
Machinery and equipment
Manufactures classified by material
Food and live animals
Chemicals and chemical products
Mineral, fuel and lubricants
Beverages and tobacco
Crude materials inedibles
Some Business Opportunities in Swaziland
AGRO-BUSINESS
-Value Addition
- Dairy Production
- High Value Crops
- Supply Chain Development
-
INFRASTRUCTURE
-Sikhuphe International Airport
- Strategic Fuel Storage
- Toll Gates
- 30,000 Seater Stadium
- Railway Expansion
- International Convention Centre
ENTERTAINMENT
-Cinema
- Film Production
- Off-road Track Vehicle Testing and Rallies
ICT
-Back Office Operations
- Call Centres
Agro – Processing & Forestry (Downstream)
- Paper industry
- Furniture Manufacturing
- Biomass Conversion
- Sawn timber
- Beef Production & Processing
- Poultry Production & Processing
- Dairy Production & Processing
- Farming of Key Inputs: wheat, soya, sunflower etc
- Cassava Starch
-Sugar based value addition
- Vegetable processing/Canning
- Fruit juicing, Beverage concentrates.
Potential Areas for Investment
Millennium Projects :
◦New bigger Airport with supporting facilities
◦International Convention Centre (ICC) and 5 star hotel- US 40 Million dollars
◦Amusement Park – US 60 Million dollars
Toll Gate (Concessions)
Property Development: Residential/Commercial/Industrial
Extension & Expansion Of Railway Infrastructure
Tourism
◦Infrastructure
◦Industry Support Services
◦2010 World Cup
Tourism Opportunities
•Hotels, Lodges & Conference Centre
• Leisure/Amusement Parks
• Trans-Frontier Conservation Areas
• Lubombo Spatial Development Initiative
• International Airport
• World Cup 2010
• Rich Cultural Heritage
• Proximity to Major Attractions; Kruger National Park, Maputo (24 hour border coming)
• Maguga Tourism Development
Some of the Projects Under Implementation
◦Jozini Big Six - Game Parks, 36 hole Golf Estate & Holiday homes
◦Nkonyeni Golf Estate with 5 star Hotel facilities and world class restaurant
◦Summerfield Casino & Golf Estate
SUPPORTING INFRASTRUCTURE
Rail Infrastructure
•South African Ports of Durban & Richards Bay
•Johannesburg & Zimbabwe via Komatipoort
•Connection to Maputo, Mozambique
•Inland Dry Port
•Economic routing from Durban to the North, i.e. Zimbabwe, Zambia, Malawi & Democratic Republic of Congo
Telecoms Infrastructure
•Fully Digital Communications Network
•Optic Fibre Systems (cabling)
•Broadband just introduced
Roads & Air Infrastructure
•Highly sophisticated road transport services
•Dual carriage-way on most major roads
•Daily flights to South Africa & Mozambique
•Second International Airport under construction
MARKET ACCESS
Some Preferential Market Access
-SACU
-SACU – US
-SADC FTA
-COMESA
-AGOA (US)
-EPA (EU)
-MERCOSUR
Supporting Services to Investors in Swaziland
•Excellent Educational Facilities
•Investor Safety because of LOW CRIME –
•Common Monetary Area – Single currency circulating along with national currency
•Good Private Health Facilities
•Well developed social & recreational amenities
•A hospitable and happy people
•Proximity to South Africa’s and Mozambique’s main cities
Why Invest in Swaziland
-Good Market Access
- Strategic Location, Investor Safety
- Superb Physical Infrastructure
- Comparatively Low Cost Base
- Investment Protection (MIGA)
- Developed Financial Services Sector
- Attractive Investment Incentives
- Educated, Skilled & Readily Available Labour Force
- Institutional Support
About the FSE & CC
Represents close to 500 companies and associations-largely multinational companies and SMEs
Mission statement: ‘to provide a professional service in order to promote a sustainable national economic environment for all stakeholders
Functions of FSE & CCActs as a bridge for cooperation between business and Government on efforts to remove barriers to trade
Mobilises investments
Fosters a good environment for business
Promotes and defends interest s of members in any way as may be considered necessary
Promotes, supports and make representations in relation to legislative or other measures affecting the interests of members
Collects, clarifies and disseminates statistical and other information of relevance and interests to members
Speaks authoritatively and independently for the whole business community
Physical location and address
We are situated at Emafini Business Centre- 5 km from the city centre
Email:
Website: