Rwanda – Sudan explore business potential

Following the launch of the online Investment guide (iGuide) to provide investors with up-to-date information on investment opportunities and other business related information in Rwanda, a group of Sudanese investors visited Rwanda to explore possibilities of investments in the country.

 

The group visited the country on February 11, 2013.

 

While in the country they met with different officials including the Permanent Secretary in the Ministry of Foreign Affairs and Cooperation, Mrs. Mary Baine.

 

In her welcome remarks, Mrs. Baine thanked the Sudanese delegation for taking time to visit Rwanda and explore more areas in which they could invest and fully encouraged them to, by way of cooperation.

Mrs. Baine briefed them on the political framework of investment in Rwanda for foreign investors.
“For attracting foreign investors in Rwanda, we had first to secure the country” said Baine.
“We were also able to come up with strong institutions like Rwanda Development Board (RDB) where you can meet all the services related to investment” added PS Baine.

 

Mrs. Baine assured them the support of government on everything that could help them to set up their business. These Sudanese investors are mostly interested in sectors such as health, education, business, infrastructure, capacity and building among others.

 

The iGuide was launched this February 7, 2013 in collaboration with the RDB in collaboration with United Nations Conference on Trade and Development (UNCTAD).

The i-guide will build additional added value to help Rwanda to strategize and maximise advantages to make the country more competitive and drawing attention from international observers and investors alike.

Furthermore, any element can be easily updated at any time to reflect changes in legislation, infrastructure, costs or taxes, which will feed periodically potential investors, key players and decision makers various information such established investors experience, locally available data Relevant, rules and licensing requirements, timelines, useful contacts and how the country addresses investor’s concerns.

 

Throughout their visit, they are intended to meet CEOs of RDB and Private Sector Federation (PSF), Ministers of Local Government, Education, Transportation, Health and Agriculture to discuss in which way they could invest in those domains.