04/26/2026 | Press release | Archived content
April 26, 2026
No.162
On the morning of April 25, Minister of Foreign Affairs Lin Chia-lung, acting as President Lai Ching-te's special envoy, visited the planned site for the first phase of the Taiwan Industrial Innovation Park (TIIP) project in Eswatini. Minister Lin and Eswatini cabinet members Prince Lonkhokhela, Minister of Natural Resources and Energy; Manqoba Khumalo, Minister of Commerce, Industry and Trade; and Savannah Maziya, Minister of Information, Communication and Technology, received progress reports on a strategic oil reserve facility and the TIIP. They also witnessed Tex-Ray Chairman Ray Lin, representing Taiwanese businesses, and Eswatini sign a letter of intent to set up operations and invest in the TIIP. The LOI further deepened the economic and trade partnership between the countries.
In his remarks, Minister Lin recalled his trip to Eswatini as presidential envoy in April 2025, during which King Mswati III used the Swazi word nkwe (accelerated progress) to convey high hopes for bilateral cooperation. Minister Lin said that the king's expectations had translated into tangible results, with construction of the strategic oil reserve facility staying on schedule and some 60 Taiwanese companies visiting Eswatini to explore investment opportunities since the launch of the TIIP last April. He added that several Taiwanese firms in key sectors such as textiles, packaging, pharmaceuticals, and solar power had signed LOIs during this trip to move into the TIIP. Minister Lin stressed that the investments showed how the Diplomatic Allies Prosperity Project could successfully align the need for Taiwanese businesses to expand globally with Eswatini's need for industrial upgrading. It had also achieved the aim of creating mutual benefits for both countries, Minister Lin added.
Explaining the core idea behind the Diplomatic Allies Prosperity Project, Minister Lin said the policy promoted public-private partnerships and encouraged large enterprises to support smaller ones. He added that this would expand government-to-government diplomatic ties to include closer business-to-business partnerships. Minister Lin underlined that this model would serve as a benchmark for other African states and create a combined fleet and team of teams to strengthen strategic links between Taiwan and countries in Africa.
Speaking on behalf of Eswatini, Minister Khumalo conveyed sincere gratitude to Taiwan for its long-standing support of infrastructure projects and emphasized the deep and enduring ties between the two countries. He said the oil reserve facility and the TIIP were of immense strategic importance to Eswatini in promoting economic transformation and energy security. Minister Khumalo stressed that the initiatives were highly representative of bilateral cooperation. He said that the LOI, which he signed on behalf of Eswatini with the Taiwanese business representative, had brought bilateral cooperation to new heights and injected momentum into Eswatini's industrial upgrading.
Under the framework of the Diplomatic Allies Prosperity Project, the Ministry of Foreign Affairs will further deepen comprehensive cooperation with Eswatini in economics, trade, energy, technology, and other spheres. Taiwan will continue to work with Eswatini to achieve prosperity and steadily enhance strategic partnerships in Africa. (E)