In response to His Majesty King Mswati III’s call at the opening of the Third Session of the Twelfth Parliament, the government seeks to attract large-scale investments to transform the national economy. It also plans to support companies capable of generating billions in annual revenue as part of the country’s economic growth strategy.
Speaking at the launch of the 2026 Eswatini Investment Conference in Ezulwini, Prime Minister Russell Mmiso Dlamini stated that the country is adopting the vision outlined by His Majesty King Mswati III for the creation of at least ten companies with annual turnovers of E10 billion across various sectors.
The PM stated that the directive has been adopted as an urgent national priority under the Nkwe Programme of Action, which aims to boost economic growth by attracting and supporting large-scale investment projects.
During the opening of the Third Session of the Twelfth Parliament, His Majesty made a clear and compelling statement when he said: “It is time we set deliberate targets, aiming for at least 10 companies with a minimum of E10 billion in annual revenue across various sectors.” This would give our economy the much-needed boost,” he said.
Guided by this vision, we have adopted this declaration as a pressing national priority under the Nkwe framework, through which we aim to attract and support large-scale investment projects capable of driving our economy toward its desired goal.
He noted that such companies would significantly strengthen the country’s economic base, stimulate industrial activity, and create employment opportunities. Dlamini said the government is therefore working to ensure that the necessary institutional frameworks are in place to attract transformative investments. He highlighted the role of the National Investment Council, established under the country’s new investment policy, to coordinate strategic investment initiatives and address obstacles that could hinder major projects.
According to the Prime Minister, the government intends to remove barriers that investors often encounter and create an enabling environment that allows large-scale projects to take root and thrive. “Our goal is to create an environment where transformative investments can flourish and contribute meaningfully to our national development agenda,” he said.
Dlamini also called on leaders across public institutions to adopt bold and innovative approaches to economic development, noting that achieving the country’s ambitions will require new ways of thinking.
Quoting the famous scientist Albert Einstein, the PM said societies cannot solve their problems using the same thinking that created them. “This calls for determination, discipline, and an unwavering resolve to achieve the goals we have set for ourselves,” he said.
The upcoming 2026 Eswatini Investment Conference is expected to play a vital role in mobilizing investment capital and strengthening partnerships among the government, the private sector, and development partners. Held under the theme “Connecting Capital with Opportunity,” the conference aims to position Eswatini as a competitive and dependable destination for major investments.