BY KABONA ESIARA of The New Times
"Whereas a Ugandan trader pays less than $1,000 dollars to transport a 20 feet container to Mombasa, the Rwandan counterpart pays $4,000, a hides and skins dealer in Kigali complained. Remember we buy from the same source. We supply the same market, the trader added. And concluded: "This makes doing business in Rwanda expensive and uncompetitive."
He is right. Transport and insurance cost for traders in Rwanda is estimated to be between 40 – 50 per cent of the value of exports and imports while the average for the world’s developed countries is 8.6 per cent and 17.2 per cent for all the least developed countries."
Complete story at the following link "Isaka-Kigali railway: Transport costs to be halved"
Category: Rwanda + Transportation + Communication
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