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Investment opportunities in real estate
Wed, 20 May 2009 15:00
By TradeInvestAfrica Staff



The Rwanda Development Board(RDB) has unveiled construction projects worth an estimated US$600 million to investors attending a construction/real estate investment roundtable in Kigali. 

The move is intended to overhaul the construction sector and attract potential investors in the country's booming construction industry. 

Prime minister Bernard Makuza said the boom had caused shortages in construction materials, in itself an opportunity for investors. 

“The decision to have this roundtable is very strategic indeed because Rwanda has the most vibrant construction sector at the moment, whose dynamism needs the support of investors,” said Makuza who was quoted in The New Times . 

Investment opportunities


Available investment include 20 luxurious ambassadorial villas worth above US$14 million in prime locations like Kacyiru, Gacuriro and Gisozi; and 50 upmarket residential properties worth over US$ 12 million. 

Other opportunities include 5,477 apartments for middle income earners worth over US$30 million, flats in Muhima at an estimated US$14 million and a 10-storey office tower in Nyarugenge Central Business District that could cost over US$16 million.

A cement manufacturing plant worth US$150 million, and a brick manufacturing project worth US$15 million are other available opportunities.  

For further information on these opportunities contact the Rwanda Development Board.

Key contact: Christine Akuzwe
Investor Mobilizer Officer
Email: info@rwandainvest.com

 

 

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