The Royal Science and Technology Park (RSTP) was designated as a Special Economic Zone through the Special Economic Zone Act 2018. This was an initiative by His Majesty King Mswati III to attract foreign investment into the Kingdom of Eswatini, promote export oriented growth, generate employment with the intention to ensure technology transfer to the Eswatini populace, subsequently boost economic growth. The Investor Management Services Unit is responsible for the operationalization and management of RSTP’s SEZ Industrial Plot and the One Stop Shop Service Centre (OSSSC).
The RSTP SEZ, manages 317.7ha of land, which master plan comprise 159 ha for industrial development ideally located in close proximity to import and export transport routes; through the highway access to Republic of South Africa and the Republic of Mozambique, dry port railway line leading to maputo Sea Port (Republic of Mozambique) and Richards Bay Sea Port(Republic of South Africa).
Currently 80ha of the industrial development land at Nokwane is serviced and is readily available for the potential targeted investments to be situated. A Master Plan is in place for the development of the basic infrastructure for the remaining 79ha of the industrial development land on the Phocweni side of RSTP. Underway is the completion of a One Stop Shop/Service Centre which is intended to ease and expedite the administrative processes and procedures of doing business in the SEZ.
Nokwane site plan
The OSSSC is an infrastructure which is to house all the relevant stakeholders that provides all the services that an investor may require when locating their investment at the SEZ.
Services provided to investors through the One Stop Shop include:
Access to Markets:
Access to markets via The Kingdom of Eswatini Free Trade and Preferential Agreements:
Fiscal and Tax
Business Units can provide services that can be outsourced which would allow investors to focus on their core business and to reduce infrastructure and operational costs.
In addition, RSTP’s Ecosystem also includes:
The initial capital investment for a sole proprietor is E30, 000,000 and E70, 000, 000 for joint ventures. An Enterprise or investor has to demonstrate their business case, the financial viability of theire investment, as well as the socioeconomic benefits of the proposed investment.
The Enterprise or investor intending to set up shall;