Rwanda Country Session
Presenter : Tony Nsanganira, Minister of State in charge of - - PowerPoint PPT Presentation
Presenter : Tony Nsanganira, Minister of State in charge of - - PowerPoint PPT Presentation
Rwanda Country Session Presenter : Tony Nsanganira, Minister of State in charge of Agriculture, Rwanda Facilitator : Fokko Wientjes, Vice-President, Sustainability and Public-Private Partnerships, Royal DSM Rwanda Country Session Presenter: Tony
Rwanda Country Session
Presenter: Tony Nsanganira, Minister of State in charge of Agriculture, Rwanda Facilitator: Fokko Wientjes, Vice-President, Sustainability and Public-Private Partnerships, Royal DSM
MINAGRI 2013
RWANDA AT A GLANCE
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Source: RDB
Size: 26,338 sq.km Capital: Kigali Population: 11M, 152M EAC, 389M Comesa plus region GDP per capita: $743 GDP Growth: 8%. Gross Investments as a % of GDP: 24.0% Trade balance (GDP):15.4%. Gross National savings: 15.3% of GDP .
MINAGRI 2013
RWANDA’S VISION: A MIDDLE INCOME COUNTRY BY 2020
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8.0% 7.5% 9.4% 10.6% 11.4% 12.2% 0% 2% 4% 6% 8% 10% 12% 14% 16% 2012 2013 2014 2015 2016 2017
Agriculture Industry Services Real GDP Growth
Following 10 years 8% average growth p.a., ambitious targets have been set to meet middle income status by 2020. Targets 2013 - 2020:
- Real GDP growth = 11.5%
- Agriculture = 8.5%
- Industry = 14.0%
- Services = 13.5%
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AGRICULTURE SECTOR VISION
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The private sector has a key role in achieving PSTA III:
- Investing in high value export crops
- Adding value to products
- Providing capital and credit
Vision 2020
8.5% Agricultural Growth Agriculture 25%
- f GDP
40% of land under modernised ag
EDPRS II
Agriculture driving rural development Increased productivity and private investment 28% annual export growth
PSTA III
Increased productivity and food security Building human capacity and encouraging innovation Market focus, commercialization and value addition
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CONDUCIVE BUSINESS ENVIRONMENT
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Rwanda Stock Exchange Established in January 2008 with OTC transactions in bonds and equities 6 hours to start a business 4th easiest globally for a business to get credit 15th easiest globally to acquire property Top global reformer 6 years Most competitive place to do business in East Africa and 3rd in Africa, after Mauritius & SA. 7th best global destination for investments. 2nd in Africa after Botswana. (BPI Index 2014) Rwanda is the safest country to live in
- Africa. (Gallup Report
2015) Clean and green city, with the lowest crime
- f any capital city in
the region. 1st commodity exchange in the EAC region
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ATTRACTIVE INCENTIVES FOR INVESTORS
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0% Corporate Income Tax for companies planning to relocate H/Q’s to Rwanda Repatriation of Capital and assets After care services: RDB facilitates investment projects even after registration 7 Year Corporate Income tax Holiday for large projects in strategic sectors i.e. Manufacturing, energy, export, tourism, ICT and Health services Accelerated Depreciation of 50% for key priority sectors i.e. Tourism, Construction, manufacturing and agro-processing Capital Gains tax exemption Duty free importation of machinery and equipment, raw materials (15% - Intermediate goods, 25% - Finished goods) One Stop Center: quick business & investment registration; visa& work permits; notary services etc. 15% Preferential Corporate Income tax for key selected strategic sectors i.e. exports, energy, transport, ICT and Financial services
MINAGRI 2013
Agriculture Land Information System
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Agriculture Land Information System
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MINAGRI 2016 Assists investors to locate land for commercial
agriculture use
Assists MINAGRI to improve land management and planning
Interactive, web-based resource containing relevant
agriculture information about public land
Data is visual and textual Agriculture Information – soil type, suitability, slope, elevation,
rainfall, and natural water sources
Proximity to infrastructure – roads, markets Current land use and users for parcels >10 ha in size
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Investor Facilitation and Aftercare services
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Institutional Framework for Agribusiness Investment Promotion
To promote increased private sector investment in agriculture and To improve GOR support services to the private sector
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Investor Facilitation and Aftercare services cont.
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Agribusiness Public/Private Dialogue Mechanism
Improved public / private dialogue mechanisms at both the
national and local levels for agriculture
Company Issue Tracker
http://tracker.minicom.gov.rw/dashboard
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Agribusiness Investment Opportunities
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Floriculture Development Fruits & Vegetables exports Post harvest &Agro- processing
- 35 ha secured for flower park operational and additional 65ha under
preparation
- Targeted expansion 650 ha for flower production
- Opportunities in production of summer cut flowers
- Irrigated land for year round production in different agro-climatic zones
- Range of vegetables (French beans, snow peas, chilies, okra, hot pepper,
etc.), fruits (avocado, banana, passion fruit, tamarillo, etc.) and spices (ginger, turmeric, etc.). Almost 80% of the production zones are within 100 km of Kigali Airport;
- Opportunity to produce Vegetable seeds locally. Seeds treatment plant
is already in place (SEZ)
- Agro-processing sites identified in different district
- Agro logistics including cold chain for fresh product handling
- Value addition to various agricultural products
- Addition of premiums to productivity increases for export
H
- r
t i c u l t u r e
READY IDENTIFIED INVESTMENT OPPORTUNITIES
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Agribusiness Investment Opportunities cont.
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Production of Food crops using developed terraced land with Irrigation infrastructure Approximately 93,000 Ha have been developed under radical terraces and a further 900,000 Ha under progressive terraces; These offer opportunities for contract farming on grains, pulses and horticulture production Local production of Packaging materials Opportunity for establishment of manufacturing plant for different packaging materials Kigali Wholesale Market for fresh produce A 10 ha land available in the Kigali Special Economic Zone (SEZ).( Feasibility studies completed, Architectural designs available)
READY IDENTIFIED INVESTMENT OPPORTUNITIES
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Agribusiness Investment Opportunities
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Large Scale farm, slaughterhouse and export of meat and feed mills Large Scale farm, slaughterhouse and export of meat and feed mills Over 25 lakes (128,000Ha) with the largest Lake Kivu 2,700 Km2 Commercial Production of Chicks, Eggs & other poultry products
Commercial Production
- f pork meat & other
pork products Fisheries & Aquaculture products
READY IDENTIFIED INVESTMENT OPPORTUNITIES (Cont.)
Head of Investment Promotion Department Rwanda Development Board Email: innocent.bajiji@rdb.rw Website: www.rdb.rw Investment Support Unit Ministry of Agriculture and Animal Resources Email: snirere@minagri.gov.rw Website: www.minagri.gov.rw