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Eswatini signs SEZ deal

EIPA CEO Mr Sibani Mngomezulu and IZP CEO Mr Lionel October shake hands after signing the Memorandum of Understanding to strengthen Eswatini’s Special Economic Zones framework. EIPA CEO Mr Sibani Mngomezulu and IZP CEO Mr Lionel October shake hands after signing the Memorandum of Understanding to strengthen Eswatini’s Special Economic Zones framework.
EIPA CEO Mr Sibani Mngomezulu and IZP CEO Mr Lionel October shake hands after signing the Memorandum of Understanding to strengthen Eswatini’s Special Economic Zones framework.

Mbabane – The Eswatini Investment Promotion Authority has entered into a new agreement with South Africa’s Industrial Zones Programme to strengthen the country’s Special Economic Zones framework.

The Memorandum of Understanding was signed by EIPA Chief Executive Officer Mr Sibani Mngomezulu and Industrial Zones Programme Chief Executive Officer Mr Lionel October, with senior officials from both institutions in attendance.

The Industrial Zones Programme operates as the Special Economic Zones unit of the Industrial Development Corporation, a South African institution, and the partnership is expected to support Eswatini’s efforts to improve its investment environment.

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The agreement follows a technical assistance initiative led by His Excellency the Right Honourable Prime Minister, which is focused on reforming Eswatini’s Special Economic Zones structure and accelerating the attraction of investors into the country.

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