Jun 23, 2014. /Lesprom Network/. Swazi Paper Mills will restart operations in the country next year and has assured of an investment totalling Euro 500 million, as The Swazi Observer reported.

The manufacturing enterprise closed shop in 2009 after it was marred by a couple of challenges a major one being the fact that it lost its contract to produce tissue to Nampak.

Swaziland Investment Promotion Authority CEO Phumelele Dlamini said the company would open base in Matsapha next year, adding that it promised to employ about 450 people.