By Phephile Motau
The Republic of China (Taiwan) has undertaken to assist Eswatini in the enhancement of the Royal Eswatini Technology Park (RSTP).
This is according to a statement by Taiwan’s Ministry of Economic Affairs. This was during the Economic and Technical Cooperation Conference between the Republic of China (Taiwan) and the Kingdom of Eswatini was convened on May 23 at the Ministry of Economic Affairs in Taipei City.
This was the first conference between Eswatini and Taiwan in three years. The meeting was co-chaired by Minister of Economic Affairs Mei-Hua Wang and Eswatini Minister of Economic Planning and Development Dr Tambo Gina, who led a delegation made up of representatives from his own Ministry, the Ministry of Information, Communication and Technology, Ministry of Commerce, Industry and Trade, and Ministry of Labour and Social Security, as well as officials from RSTP and the Embassy of the KOE in Taiwan.
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Regarding enhancing the RSTPs operations capacity and FDI, it was decided that Taiwan would share its expertise in setting up single window services and obtaining ISO 22301 certification, as well as aid in formulating related regulations and administrative procedures and optimizing service efficiency.
The ministry said the two sides also agreed to enhance their cooperation under the Eswatini Technical and Vocational Skills Certification Enhancement Project, as well as reached consensus on the building of factory shells to attract foreign investment in Eswatini.
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In addition, Taiwan will share its digital marketing experience and assist Eswatini in developing a digital economy. The two sides further agreed on utilising Taiwan’s trade exhibitions to promote Eswatini products and help Eswatini firms to explore business opportunities and tap new markets.
During the conference, the two sides discussed a range of topics such as bilateral trade and investment exchanges, cooperation on promoting the digital economy, capacity building and attracting foreign direct investment in the RSTP and boosting Eswatini’s vocational training capacity, as well as various other collaborative initiatives.
