King welcomes E1.65bn factory investment pledge
In Ezulwini, Azerbaijani businessman Emin Agalarov announced a pledge of 1.65 billion emalangeni for new manufacturing factories in Eswatini. The commitment amounts to about US$100 million. The pledge followed King Mswati III’s recent visit to Azerbaijan, where he met potential investors with the assistance of President Ilham Aliyev. The king publicly welcomed the investment during a Royal Theatre Night at the Ezulwini Palazzo International Convention Centre. The factories are expected to boost local production capacity. The announcement was reported by the Times of Eswatini.
EZULWINI – Azerbaijani businessman Emin Agalarov has pledged E1.65 billion towards manufacturing factories in Eswatini. The US$100 million commitment follows King Mswati III’s visit to Azerbaijan, where he met prospective investors through engagements facilitated by President Ilham Aliyev. The King welcomed the pledge during the Royal Theatre Night at the Ezulwini Palazzo International Convention Centre […] The post King welcomes E1.65bn factory investment pledge appeared first on Times of Eswatini .