Rwanda invites Chinese investors and tourists to visit the country

Rwanda and China officials at the Rwanda Week in China

The Rwanda Development Board (RDB), in association with the Embassy of Rwanda in China, has organised a road-shows in the cities of Beijing, Shanghai, Shenzhen and the Dongguan Province to showcase Rwanda’s investment and tourism opportunities to Chinese investors.

The event named Rwanda Week in China, entailed investor forums in Beijing and Shenzhen that attracting over 400 companies as well as one-on-one sessions with targeted Chinese investors and tour operators.

During the event, Emmanuel Hategeka, Chief Operating Officer of RDB, exhorted the investors to visit Rwanda and invest in the country.

“Rwanda is open for business. There are vast profitable investment opportunities in the country  and it offers the right kind of business environment that investors can leverage on to successfully do business,” said Hategeka.

“In addition, investors in Rwanda can benefit from the bigger East African Community market of 168 million people as well as the Common Market for Eastern and Southern Africa (COMESA) with 21 member states and a population of 520 million people, where you can export duty free, quota free,” he added.

Hategeka said Rwanda is a consolidated form of Africa, where you can have everything that Africa has to offer. Breath-taking landscapes, well preserved forests, wildlife, easy access to the rare mountain gorillas, visa on arrival regime and, above and all, a safe environment.

Both countries have signed a number of MOU’s in the road-show, including one with the China Council for Promotion of International Trade (CCPIT), the China-Africa Development Fund (CAD Fund), one with Chongqing Chamber of Commerce and another with Henan Province to accelerate matching business opportunities between Rwanda and Chinese investors.

The $10 billion CAD Fund is a huge opportunity to facilitate FDI inflows to Africa in industrial parks, power generation, transportation infrastructure, manufacturing and other sectors.

Rwandan delegation have visited several factories and industries and these include; Huajian industrial park in Dongguan that produces shoes and textiles, Qianhai vc incubator (QVCI), Ideal Technology which manufactures electronics and UBTECH which deals with robotics.