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2 clusters · 3 sources · 12 days · First seen · Last updated

King Mswati III International Airport development

Overview

The Eswatini Civil Aviation Authority (ESWACAA) has introduced an Inclusive Business Development Strategy Framework to transform King Mswati III International Airport into a regional economic hub. The strategy targets E12 billion in investment and aims to create 20,000 direct and indirect jobs by 2037 through the creation of an ‘Airport City’ and a Special Economic Zone (SEZ).

As part of this initiative, ESWACAA is inviting investors to participate in the proposed SEZ, which seeks to shift the airport from a passenger-focused facility to a commercial and industrial center. Targeted sectors for investment include agro-processing, pharmaceutical manufacturing, cargo logistics, renewable energy, and waste management. The development intends to leverage aviation infrastructure to support industries requiring efficient logistics, such as cold storage and freight-forwarding, while aiming for non-aeronautical income to constitute 65 percent of total revenue.

Entities

King Mswati III International Airport · Eswatini Civil Aviation Authority · Richard Dlamini · Zanele Mavuso · Eswatini

Timeline

  1. [BUSINESS] 3 sources
    Eswatini proposes Special Economic Zone at King Mswati III International Airport

    Eswatini is seeking investment for a new Special Economic Zone at King Mswati III International Airport, targeting sectors like agro-processing, pharmaceuticals, and renewable energy.

  2. [BUSINESS] 2 sources
    King Mswati III International Airport targets E12bn investment

    Eswatini Civil Aviation Authority aims to attract E12 billion in investment and create 20,000 jobs by 2037 by transforming King Mswati III International Airport into a regional economic and logistics hub.

Sources

insidebiz.co.sz · sanews.gov.za · times.co.sz