Rwanda: First-Ever Business Forum Unveils Opportunities in Kayonza District

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Kayonza District has unveiled plans to become a logistics hub, connecting transportation networks and offering various logistics services. The district is known for its vibrant population and entrepreneurial spirit, particularly in areas like Mukarange and Kabarondo.

Additionally, its large flat terrain is ideal for extensive agriculture. Kayonza is also home to the Big Five in Akagera National Park and boasts the stunning scenery of Lake Muhazi. These factors, along with other investment opportunities, were presented to showcase the district's potential.

"Logistics services such as warehousing, distribution, and transportation management will help businesses benefit from the efficient and cost-effective movement of goods, storage, and delivery. Kayonza District can be the midpoint for logistics before goods continue to Kigali or other areas. It's all about establishing the right infrastructure and logistics management to support that," said Bill Kayonga, PSF representative at the forum.

Philip Lucky, the acting chief investment officer at RDB, said:"In order to support SMEs, the initial capital that was required to start a business was exempted, whoever wants to start a business can register their projects with RDB to receive support instruments, including tax exemptions.

She said:"Most investors engage in business they are used to; the lack of information on where to invest in the district has been a setback for unlocking those opportunities, but this forum has opened eyes to whoever wants to invest. I know colleagues who have capital but are reluctant to invest due to a lack of information on where to invest.

 

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Belgique Dernières Nouvelles, Belgique Actualités