MBABANE — Eswatini has recorded a major boost to its investment pipeline after five projects valued at approximately E7.4 billion moved into the implementation phase, according to the Eswatini Investment Promotion Authority (EIPA).

The projects are expected to generate around 4,850 employment opportunities, strengthening the government's efforts to attract domestic and international investors and expand productive economic activity.

EIPA says the projects represent an important step in converting investment commitments into real economic activity. Moving projects into implementation means investment plans are progressing toward construction, production, services, and job creation.

The development comes as Eswatini seeks to diversify its economy through sectors including manufacturing, agro-processing, tourism, energy, mining, and other investment-intensive industries. The country's investment strategy also prioritises manufacturing and agro-processing alongside mining, energy, tourism, agriculture and ICT.

Business analysts say successful implementation could strengthen local supply chains, increase demand for skilled workers, and create opportunities for smaller Eswatini businesses to participate as suppliers and service providers.

The E7.4 billion pipeline marks a significant opportunity for Eswatini to turn investor interest into factories, businesses, employment, and broader economic growth.