Monday, December 24, 2007

Rwanda: Government Moving to Woo More Foreign Investors

from the RNA/ARI - Rwanda News Agency/Agence Rwandaise d'Information (Kigali)


"Kigali - Rwanda has recorded a surge in private investment with 2007 seeing entry of 123 new projects totaling some Rwf 271B ($50million), but investment technocrats here say that is no cause to sit back because 52% of these investors are local - meaning not enough foreigners are eying the country, RNA reports.

Come next year, according to the investment promotion agency (RIEPA), there will be a commercial court in place, new commercial legislation and a land registry - all among incentives aimed at bringing in more Foreign Direct Investment (FDI)."

Complete story at "Rwanda: Government Moving to Woo More Foreign Investors"

Category: Rwanda + Investment

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