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Polish investments in Rwanda reach Rwf92 billion

By IGIHE
On 8 February 2024 at 09:33

Polish investments in Rwanda have reached a notable milestone, amounting to an impressive 72.3 million US dollars (Rwf92 billion). This disclosure came during the Rwanda-Poland Business Forum at the Kigali Convention Center on Wednesday, February 7, 2024, where Jeanine Munyeshuli, Minister of State for Public Investment and Resource Mobilization shared insights with attendees from both nations.

Munyeshuli highlighted that Poland and Rwanda possess distinct capabilities and resources that can be leveraged for mutual gain.

In recent years, Rwanda has emerged as a promising destination for foreign investments, particularly in sectors like agriculture, manufacturing, technology, and renewable energy.

Conversely, Poland stands out with its diversified economy and expertise in various industries.

Rwanda Development Board (RDB) data reveals the registration of at least four Polish projects in Rwanda, valued at 72.3 million dollars. These initiatives have generated over 330 jobs in crucial sectors like health, energy, ICT services, and construction.

Discussing the Rwandan government’s efforts in diverse sectors such as agriculture, technology, and eco-friendly economic activities, Munyeshuli sees an opportunity for Polish investors to engage in mutually beneficial collaboration.

In addressing potential areas of investment, she suggested that Polish investors could explore opportunities in agriculture, food processing, and modern livestock farming.

Emphasizing that investment in Rwanda extends beyond financial figures, Munyeshuli stressed the importance of finding solutions to citizens’ problems, particularly through job creation and valuable experiences.

In his address, President Kagame acknowledged the shared potential between Rwanda and Poland, highlighting Rwanda’s conducive investment environment.

He underscored the country’s commitment to innovation, having overcome challenges by prioritizing the needs of its citizens—a strategy he deemed the best investment made.

The Head of State outlined Rwanda’s focus on developing key sectors like health, tourism, and sports, aspiring to become the preferred destination for investors, both regionally and internationally.

Meanwhile, Polish President Andrzej Duda remarked on the consideration of Rwandan investments by Polish companies, citing the appeal of the local market’s security and stability.

He pointed out that Rwanda offers sought-after stability, high-level management, excellent investment conditions, abundant natural resources, and a population known for its ambition and hard work.

On February 7, 2024, the governments of Rwanda and Poland formalized their collaboration through a signed agreement covering various sectors, including agriculture, security, mining, and technology.

In his address, President Kagame acknowledged the shared potential between Rwanda and Poland, highlighting Rwanda's conducive investment environment.
Polish President Andrzej Duda remarked on the consideration of Rwandan investments by Polish companies, citing the appeal of the local market's security and stability.
Munyeshuli highlighted that Poland and Rwanda possess distinct capabilities and resources that can be leveraged for mutual gain.

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