Supply Services of Swaziland Outlines Numerous Economic Advancements Taking Place in Swaziland

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King Mswati Hosts More than 4,000 at Sod Turning Event for Strategic Petroleum Reserve in Phuzomoya, Swaziland

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The world continues to show confidence in Swaziland, and today marks a major step forward in our economic development. When businesses invest in Enswati, they are investing in the hub of peace and tranquility.

Supply Services of Swaziland (S3) today announced a sod turning event in Swaziland marking the official start of an economic development plan designed to ensure the energy independence needed for future development projects in Swaziland.

Swaziland’s King Mswati led the event, which also featured executives from Supply Services of Swaziland and contractor American Tank & Vessel. More than 4,000 people witnessed the ground breaking ceremony officially launching the construction of a 90-day Strategic Petroleum Reserve, which is strategically located at the junction of several roads and rail lines in Phuzomoya.

Once completed, this petroleum reserve will service much of Southern Africa, and will be instrumental in the development of future projects such as schools, infrastructure projects, and completion of the national airport - which will serve as a cargo hub for much of South Africa.

At the sod turning event, King Mswati said he believes this project will demonstrate to the business and investment community that Swaziland is a preferred business destination. “The world continues to show confidence in Swaziland, and today marks a major step forward in our economic development,” said Swaziland’s King Mswati. "When businesses invest in Enswati, they are investing in the hub of peace and tranquility."

“With a long history of peace, and a progressive government dedicated to economic development, Swaziland is a nation on the rise, and providing energy security is a critical first step,” said S3 President and Founder, Mickey Figueiredo. “Several additional factors – including our robust agricultural environment; access to skilled labor; a mature telecommunications infrastructure; modern health facilities; a favorable tax environment; and encouragement from the head of state – are helping Swaziland attract global business partners and new foreign investment.”

S3 is a public-private venture that has been created to manage the Strategic Petroleum Reserve project. S3 is also chartered with managing fuel supply contracts for a period of 20 years, and cultivating additional business opportunities in Swaziland.

Companies interested in learning more about business opportunities in Swaziland should contact Mickey Figueiredo.

About Supply Services of Swaziland (S3)
Headquartered in Swaziland, Supply Services of Swaziland (S3) is a public-private initiative created to operate the strategic petroleum reserve and manage fuel supply agreements with multiple contractors to ensure energy independence for the nation of Swaziland. S3 provides the vision, the expertise, and the contacts in both Swaziland, and in the United States to manage the project, and to play an active role in subsequent expansion, which will include the creation of a pipeline. S3 will manage this project for a period of 20 years, at which point, it will transfer its responsibilities to the National Oil Company of Swaziland. For more information, please contact S3’s Mickey Figueiredo.

Contact for S3:
Mickey Figueiredo, President and CEO
011 268 7602 0482

Todd Keefe
Crosswind Communications (for S3)

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Todd Keefe
Crosswind Communications
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