Times Of Swaziland: INVESTORS SHOW INTEREST IN ESWATINI

INVESTORS SHOW INTEREST IN ESWATINI
================================================================================
BY KWANELE SIBIYA  on 29/10/2019 02:43:00


MANZINI - Eswatini should brace itself up for more foreign investors. This is
because His Majesty King Mswati III has assured the nation that many foreign
investors from Indonesia, Japan, Russia and Azerbaijan respectively have shown
interest to invest in the country.
The King was speaking during a media briefing at Ludzidzini Royal Residence on
his official following his State visit to the aforementioned countries.
Speaking during the media briefing, the King pointed out that he received a warm
welcome from all three countries and while in Indonesia, he had the privilege to
deliberate on issues of international trade and business networking between
Indonesia and Eswatini.
Relationship
“We also discussed on how best we could work cooperatively to strengthen the
existing relationship between the two countries,” said the King.
His majesty said from Indonesia he went to Japan and upon some discussion with
the emperor of Japan Prince Naruhito promised to work cooperatively with
Eswatini in terms of job creation.
“Japan has already embarked on a number of projects in the country and they
promised to expand their investments and invest even more in the country.”
He the country also made a pledge to fully support Japan whenever necessary.
Furthermore, the monarch said the Japan Emperor expressed his gratitude towards
the country for the continued support.
Also, the King said while in the country he had the privilege to explore the
country’s traditions which included among others Japan’s tradition of
burying their forefathers.  From Japan the King said he went to Russia for the
first African Summit hosted by that country. He said during the summit
discussions on how trade and other operations could be modified in Africa.
“It was agreed during the meeting that many investors from Russia should come
and invest in many African countries in order to create more jobs in Africa,”
said the King.
The King also pointed out that during the meeting, Russia made a proposal to
host the African Summit once in every three years, which many African heads of
State deemed it necessary.
His Majesty said from Russia he went to Azerbaijan where they were hosting the
Non-Aligned Movement whose aim was to eradicate the formulations of weapons of
mass destruction by various countries.
He said such summit was also aimed to promote peace and harmony between
countries given the incessant occurrence of natural disasters which include
among others global warming and climate change which required all countries to
support each other.
He said during the summit Eswatini made an undertaking to support the Non
-Aligned in its quest to promote peace and harmony.
His Majesty also mentioned that many investors from Azerbaijan expressed their
interest to invest in Eswatini and other African countries citing Africa was an
ideal location for business.