

Swaziland
Sector
Manufacturing

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



