Region
Swaziland

Sector
Manufacturing

Summary:

The Swaziland investment promotion agency is seeking investors to establish a chipboard manufacturing plant in Swaziland. This is a pioneer project that will use feed stock from the country's numerous saw mills.

Contact
Sizwe Vilane

Email
vilanez@sipa.org.sz

Project: Chipboard manfuacturing plant

Summary: This is a greenfield and a pioneer project, which proposes to use stock derived from the numerous existing saw mills in the country. The level of investment depends on the scale of the project.

Investment structure: Joint ventures are preferred, but there is an option for 100% foreign ownership.

Incentives: The Swaziland Investment Promotion Authority (SIPA) would provide detailed incentives available for investors in the manufacturing sector. They include; 10% corporate tax, 50% initial depreciation and unlimited loss carry forward.

Sector: The forestry sector and related processing operations make up 15% of the country’s GDP and directly employs about 8 000 people. About 36% of Swaziland's land area is under indigenous or man-made forests. These include Usutu pine forest, one of the largest man-made forests in the world. The sector is also a source of income for many businesses such as forest management, fire fighting and transport.

For further information on investment opportunities in Swaziland contact SIPA

Key contact: Zizwe Vilane
Director: Foreign Direct Investment
Email: vilanez@sipa.org.sz