ID :
190435
Wed, 06/22/2011 - 14:29
Auther :
Shortlink :
https://oananews.org//node/190435
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M'SIA, A SUCCESS STORY, SAYS SWAZILAND PREMIER
KUALA LUMPUR, June 22 (Bernama) -- Malaysia is one of the success stories
not only in the region but also the world and was a good role model for Africa
to learn from, says Swaziland Prime Minister Dr Barnabas S. Dlamini.
He welcomed Malaysian companies to do business in Swaziland which has, put
in place, business-friendly policies to woo foreign capital.
"The agenda to attract foreign investors and foreign investments are my
government's top priority," said Dlamini when closing the one-day forum on
"Swaziland-Malaysia Business Forum", here Wednesday.
The premier was among his African and Caribbean counterparts who attended
the just-concluded Ninth Langkawi International Dialogue in Putrajaya.
He said foreign investors were invited to tap the vast investment potential
existing in Swaziland's agribusiness, tourism and international services,
manufacturing and assembly, infrastructure, mining and energy sectors.
Malaysian companies are also invited to be part of Swaziland's new science
and biotech park project to undertake medicinal and agricultural research.
Investors are assured of incentives and guarantees such as, corporate tax
concessions of up to 10 per cent, exemption from withholding tax and
repatriation of profits, duty free access to capital goods, 100 per cent foreign
ownership, training allowances and export credit guarantee scheme.
-- BERNAMA
not only in the region but also the world and was a good role model for Africa
to learn from, says Swaziland Prime Minister Dr Barnabas S. Dlamini.
He welcomed Malaysian companies to do business in Swaziland which has, put
in place, business-friendly policies to woo foreign capital.
"The agenda to attract foreign investors and foreign investments are my
government's top priority," said Dlamini when closing the one-day forum on
"Swaziland-Malaysia Business Forum", here Wednesday.
The premier was among his African and Caribbean counterparts who attended
the just-concluded Ninth Langkawi International Dialogue in Putrajaya.
He said foreign investors were invited to tap the vast investment potential
existing in Swaziland's agribusiness, tourism and international services,
manufacturing and assembly, infrastructure, mining and energy sectors.
Malaysian companies are also invited to be part of Swaziland's new science
and biotech park project to undertake medicinal and agricultural research.
Investors are assured of incentives and guarantees such as, corporate tax
concessions of up to 10 per cent, exemption from withholding tax and
repatriation of profits, duty free access to capital goods, 100 per cent foreign
ownership, training allowances and export credit guarantee scheme.
-- BERNAMA