What is the state of Rwanda’s building and construction Industry?
Rwanda’s building and construction industry today is rapidly growing and has seen a boom in the past couple of years as it is being transformed from being state funded to private funding More private real estate developers have come on board to develop housing estates on a commercial basis. Similarly several private investors have come on board to develop commercial and industrial areas using private funds. Previously, parastatals such as Caisse Social du Rwanda (CSR) or the Rwanda Social Security Fund if you like, and state insurance corporations such as RAMA have been the main driving force behind the construction of many housing and commercial structures in Kigali. When it comes to investment in road infrastructure, the government and development partners are still the main source of funds. However, the injection of private capital , into the economy is more than welcome and encouraged in the transport sector. Does government offer any incentives to attract investment in the sector?
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