E1.5BN FOR ICC, HOTEL

MBABANE – In order to ensure that the country will be able to host the African Union Summit in 2020, government is looking at pumping in E1.5 billion towards the construction of the ICC and FISH.

ICC and FISH are the acronyms for the International Convention Centre and Five Star Hotel respectively, which are under construction in Ezulwini.
According to the Budget Estimates, which were presented by Finance Minister Martin Dlamini in the House of Assembly yesterday, the total money allocated for the FISH will be E989 million.

The aforementioned amount will be from local and loan funds for the construction of the Five Star Hotel while a total of E522 000 would be for civil works, furniture and fittings and consultancy fees. The estimates which are under Head 23, in the Ministry of Economic Planning and Development, also reflect that under the Millennium Projects, a total of E200 million of local funds have been allocated towards the extension of the King Mswati III International Airport.

These include the VVIP hanger, ground handling equipment workshop, ICAO building claims, community compensation and outstanding utility bills.
Meanwhile, under the Millennium Projects Unit which is housed under the same ministry, government has allocated E100 million of local funds meant for community projects such as water supply and sanitation, including rural electrification. 
Meanwhile, a total of E7 million has been set aside for the report writing and printing of the Swaziland Population and Housing Census which was conducted last year.

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