The agreement was signed yesterday at Rwanda Development Board (RDB).
Planned to be operational in less than two years, the high-tech multi-million euro factory will directly employ over 100 people in the district and indirectly employ over 300. In the first phase of production, 9,000 square meters of tiles will be produced daily and this will be doubled in the second phase targeting both the domestic and regional market. Subsequent phases will focus on other ceramic products on demand.
Speaking at the signing, Francesco De Martino, Group CEO, Milbridge Holdings the parent company of Africeramics Ltd expressed special thanks to RDB, the Ministry of Trade and Industry and Nyanza District for the support given us to achieve the important milestone.
“We were extremely impressed by the quick, proactive partnership that we received from all government institutions. We chose Nyanza as the base of our plant because it is strategically located where we can source high-quality inputs such as clay, granite and other alloys needed for ceramics,” he said.
The Mayor of Nyanza District, Erasme Ntazinda noted that the district is excited to attract the mega investment and has high expectations for this project.
“This accelerated process showed that all the parties were interested in ensuring the successful commencement of the project. I thank Africeramics Ltd for investing in our district a boost to our local economy. We commit our support to this project,” he said.
In his remarks, Deputy Chief Executive Officer and Chief Operating Officer at Rwanda Development Board, Emmanuel Hategeka said that this investment fully aligns with our domestic market recapturing strategy and will go along the way ‘to reduce our import bill on construction materials, generate exports while at the same time generating jobs.’
“Being located in Nyanza district presents an added advantage of distributed development uplifting the rural economy. Today, all ceramic tiles in the country are imported yet studies show that we have some of the best quality clay for ceramics in the world. We applaud Africeramics Ltd for spotting the opportunity in the district”, he added.