Tuesday 2020-07-07




By Bahle Gama | 2019-10-21

Business Eswatini has signed a Memorandum of Understanding with the Indonesian Chamber of Commerce and Industry.

The signing took place in Jakarta, Indonesia, on Friday.

Ministry of Commerce, Industry and Trade Communications Officer Thabile Mdluli disclosed this information through a statement.

She said the main purpose of the MoU is to promote and enhance collaboration and strengthen the partnership between the private sectors of both countries.

She further disclosed that Minister of Commerce, Industry and Trade Manqoba Khumalo was received by the Chairman of the Indonesian Chamber, Rosan Roeslani and the Vice-Chairman Shinta Widjaja Kamdani.

The minister was accompanied by Chief Executive Officer of the Eswatini Investment Promotion Authority (EIPA), Sibani Mngomezulu.

“The officiating of the signing of the MoU had Kamdani representing the Indonesian Chamber and Mngomezulu signing on behalf of Business Eswatini as duly requested by the leadership of Business Eswatini who could not make the trip,” she said.

She also mentioned that ahead of officiating at this landmark agreement between the two chambers, Minister Khumalo took advantage of the opportunity to unpack the commercial benefits of investing in Eswatini and how the country is open for business.

“He fielded a number of questions on investment opportunities as well as on the National Strategic Roadmap 2019-22.

There was keen interest on gaining knowledge regarding investment opportunities in Eswatini from representatives of the Indonesian Chamber on behalf of their members,” she added.

Mdluli added that following the meeting and officiating, the minister invited representatives of the Indonesian Chamber to visit Eswatini with intent to cement their relationship and partnership with Business Eswatini and also to explore for themselves the many opportunities that had been discussed during this meeting.

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