{"id":17007,"date":"2022-05-10T15:50:05","date_gmt":"2022-05-10T15:50:05","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/govt-searches-for-investors-to-transform-sand-into-glasses"},"modified":"2022-05-10T16:17:09","modified_gmt":"2022-05-10T16:17:09","slug":"govt-searches-for-investors-to-transform-sand-into-glasses","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses","title":{"rendered":"Govt searches for investors to transform sand into glasses"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>There are investment opportunities in the local production of glasses that are used to make windows, drinking containers, and other products.<\/p>\n

This was the pitch by Rwanda Development Board (RDB) on Monday during a retreat of Private Sector Federation (PSF) leaders in Bugesera district.<\/p>\n

Zephanie Niyonkuru, the Deputy CEO at Rwanda Development Board (RDB), said while Rwanda relies on imports for her glass demands, the country has quality sand that can be used to produce such materials.<\/p>\n

\u201cAll glasses we use in Rwanda are imported,\u201d he said, adding \u201cWe have carried out research as RDB in collaboration with Rwanda Mines Board and GIZ and we found out that in Rwanda there is a type of sand that can make glasses used in construction, drinking containers, and glass bottles.\u201d<\/p>\n

Rwanda spends $22.6 million on Glass and glassware imports, according to the 2019 trade data of the United Nations COMTRADE.<\/p>\n

RDB\u2019s rally to the private sector to invest in glassmaking comes at the time Rwanda has outlawed single-use plastics.<\/p>\n

Opportunities in the garment and leather sectors<\/b><\/p>\n

Niyonkuru said that other investment opportunities are in the garment sector and leather.<\/p>\n

\u201cThe livestock sector is growing and the leather sector possesses huge opportunities,\u201d he said.<\/p>\n

According to the Ministry of Trade and Industry, there are plans to set up a modern tannery park in Bugesera district in order to reduce the importation of tanned hides and skins.<\/p>\n

In Rwanda spent $15.6 million on the importation of hides and skins, an increase from $13 million in 2018.<\/p>\n

Niyonkuru added that Rwanda also imports most of the packaging materials. This is in addition to construction materials, which the country ships from foreign countries.<\/p>\n

\u201cA house is constructed with many construction materials. You may realize that a house is constructed by only 20 per cent comprising locally sourced materials. Local investors should seize such opportunities,\u201d he said.<\/p>\n

Investment opportunity around Bugesera International Airport<\/b><\/p>\n

\u201cThere are various investment opportunities around Bugesera International Airport being constructed. These include accommodation facilities, transport and logistics, restaurants among others,\u201d Niyonkuru said.<\/p>\n

Niyonkuru added that there are also many investment opportunities in the agriculture sector that have not yet been exploited.<\/p>\n

\u201cThe opportunities include both in production of crops and agro-processing among others,\u201d he noted, urging the private sector to make use of tourism to invest in the hospitality sector.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. There are investment opportunities in the local production of glasses that are used to make windows, drinking containers, and other products. This was the pitch by Rwanda Development Board (RDB) on Monday during a retreat of Private Sector Federation (PSF) leaders in Bugesera district. Zephanie Niyonkuru, the Deputy CEO at Rwanda Development […]<\/p>\n","protected":false},"author":84,"featured_media":17006,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[760,763,758],"class_list":["post-17007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nGovt searches for investors to transform sand into glasses - Rwanda<\/title>\n<meta name=\"description\" content=\"There are investment opportunities in the local production of glasses that are used to make windows, drinking containers ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt searches for investors to transform sand into glasses\" \/>\n<meta property=\"og:description\" content=\"There are investment opportunities in the local production of glasses that are used to make windows, drinking containers ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-10T15:50:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-10T16:17:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/05\/postQueueImg_10-627a8fdc6dea1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"461\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Govt searches for investors to transform sand into glasses\",\"datePublished\":\"2022-05-10T15:50:05+00:00\",\"dateModified\":\"2022-05-10T16:17:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\"},\"wordCount\":403,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/05\/postQueueImg_10-627a8fdc6dea1.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/govt-searches-for-investors-to-transform-sand-into-glasses\",\"name\":\"Govt searches for investors to transform sand into glasses - 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