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 Nsanganira, Minister of State in charge of Agriculture, Rwanda Facilitator: Fokko Wientjes, Vice-President, Sustainability and Public-Private Partnerships, Royal DSM
RWANDA AT A GLANCE Size: 26,338 sq.km Capital : Kigali GDP per capita: $743 Population: 11M, 152M EAC, 389M Comesa plus region Gross National savings: 15.3% of GDP . GDP Growth: 8%. Trade balance Gross Investments as a (GDP): 15.4%. % of GDP: 24.0% Source: RDB MINAGRI 2016 3 MINAGRI 2016 MINAGRI 2013 3
RWANDA’S VISION: A MIDDLE INCOME COUNTRY BY 2020 Following 10 years 8% average growth p.a., ambitious targets have been set to meet middle income status by 2020. Targets 2013 - 2020: 16% Agriculture Industry 14% • Real GDP growth = 11.5% Services Real GDP Growth 12.2% 12% 11.4% 10.6% • Agriculture = 8.5% 10% 9.4% 8% 8.0% 7.5% • Industry = 14.0% 6% 4% • Services = 13.5% 2% 0% 2012 2013 2014 2015 2016 2017 MINAGRI 2016 4 MINAGRI 2016 MINAGRI 2013
AGRICULTURE SECTOR VISION Vision 8.5% Agricultural Agriculture 25% 40% of land under Growth of GDP modernised ag 2020 Increased EDPRS II Agriculture driving productivity and 28% annual rural development private export growth investment Building human Increased Market focus, PSTA III capacity and productivity and commercialization encouraging food security and value addition innovation 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 MINAGRI 2016 5 MINAGRI 2016 MINAGRI 2013
CONDUCIVE BUSINESS ENVIRONMENT Most competitive place 6 hours to start a 1 st commodity Rwanda is the safest to do business in East business country to live in exchange in the EAC Africa and 3 rd in Africa , Africa. (Gallup Report region 4 th easiest globally after Mauritius & SA. 2015) for a business to get credit 7th best global Rwanda Stock 15 th easiest destination for Exchange Clean and green city, globally to acquire investments. Established in January with the lowest crime property 2nd in Africa after 2008 with OTC of any capital city in Botswana. transactions in bonds the region. Top global (BPI Index 2014) and equities reformer 6 years MINAGRI 2016 6 MINAGRI 2016 MINAGRI 2013
ATTRACTIVE INCENTIVES FOR INVESTORS One Stop Center: quick 0% Corporate Income business & investment Capital Gains tax Tax for companies registration; visa& work exemption planning to relocate permits; notary services H/Q’s to Rwanda etc. 15% Preferential 7 Year Corporate Duty free importation of Corporate Income tax Income tax Holiday machinery and for key selected for large projects in equipment, raw materials strategic sectors i.e. strategic sectors i.e. (15% - Intermediate exports, energy, Manufacturing, energy, goods, 25% - Finished transport, ICT and export, tourism, ICT goods) Financial services and Health services Accelerated Depreciation of 50% After care services: RDB for key priority Repatriation of Capital facilitates investment sectors i.e. Tourism, and assets projects even after Construction, registration manufacturing and agro-processing MINAGRI 2016 7 MINAGRI 2016 MINAGRI 2013
Agriculture Land Information System MINAGRI 2016 8 MINAGRI 2016 MINAGRI 2013
Agriculture Land Information System 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 MINAGRI 2016 9 MINAGRI 2016 MINAGRI 2013
Investor Facilitation and Aftercare services Institutional Framework for Agribusiness Investment Promotion To promote increased private sector investment in agriculture and To improve GOR support services to the private sector MINAGRI 2016 10 MINAGRI 2016 MINAGRI 2013
Investor Facilitation and Aftercare services cont. 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 MINAGRI 2016 11 MINAGRI 2016 MINAGRI 2013
Agribusiness Investment Opportunities READY IDENTIFIED INVESTMENT OPPORTUNITIES • 35 ha secured for flower park operational and additional 65ha under preparation Floriculture • Targeted expansion 650 ha for flower production Development H Opportunities in production of summer cut flowers • o r • Irrigated land for year round production in different agro-climatic zones t Fruits & Range of vegetables (French beans, snow peas, chilies, okra, hot pepper, • i Vegetables etc.), fruits (avocado, banana, passion fruit, tamarillo, etc.) and spices (ginger, turmeric, etc.). Almost 80% of the production zones are within c exports 100 km of Kigali Airport; u • Opportunity to produce Vegetable seeds locally. Seeds treatment plant l is already in place (SEZ) t u Post harvest • Agro-processing sites identified in different district r &Agro- Agro logistics including cold chain for fresh product handling • processing • Value addition to various agricultural products e • Addition of premiums to productivity increases for export MINAGRI 2016 MINAGRI 2016 MINAGRI 2013 12
Agribusiness Investment Opportunities cont. READY IDENTIFIED INVESTMENT OPPORTUNITIES Production of Food Approximately 93,000 Ha have been developed under crops using developed radical terraces and a further 900,000 Ha under progressive terraced land with terraces; These offer opportunities for contract farming on Irrigation infrastructure grains, pulses and horticulture production Opportunity for establishment of manufacturing plant for Local production of different packaging materials Packaging materials A 10 ha land available in the Kigali Special Economic Zone Kigali Wholesale Market for fresh (SEZ).( Feasibility studies completed, Architectural designs produce available) MINAGRI 2016 13 MINAGRI 2016 MINAGRI 2013
Agribusiness Investment Opportunities READY IDENTIFIED INVESTMENT OPPORTUNITIES (Cont.) Commercial Fisheries & Commercial Production Production of Aquaculture of pork meat & other Chicks, Eggs & other products pork products poultry products Large Scale farm, Large Scale farm, Over 25 lakes slaughterhouse and slaughterhouse and (128,000Ha) with export of meat and export of meat and the largest Lake feed mills feed mills Kivu 2,700 Km 2 MINAGRI 2016 14 MINAGRI 2016 MINAGRI 2013
Head of Investment Promotion Investment Support Unit Department Ministry of Agriculture and Animal Rwanda Development Board Resources Email: innocent.bajiji@rdb.rw Email: snirere@minagri.gov.rw Website: www.rdb.rw Website: www.minagri.gov.rw
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