Emmanuel Nkangura<\/b><\/p>\n
Africa-Press – Rwanda. <\/strong><\/span>Kayonza District has unveiled plans to become a logistics hub, connecting transportation networks and offering various logistics services. The district is known for its vibrant population and entrepreneurial spirit, particularly in areas like Mukarange and Kabarondo.<\/p>\n Additionally, its large flat terrain is ideal for extensive agriculture. Kayonza is also home to the Big Five in Akagera National Park and boasts the stunning scenery of Lake Muhazi. These factors, along with other investment opportunities, were presented to showcase the district’s potential.<\/p>\n Over 100 hectares of marigold flowers only found in Kayonza. PHOTOS Courtesy<\/p>\n This was revealed during the district\u2019s first-ever investment forum held on October 31, which convened government officials, banks, local and international investors, and academia to discuss the potential of unlocking opportunities for inclusive economic growth and development in the district.<\/p>\n The district\u2019s strategic location and proximity to major transportation routes from the Rusumo and Kagitumba borders to the capital, Kigali, have made it an ideal location for a logistics hub, according to officials.<\/p>\n \u201cLogistics services such as warehousing, distribution, and transportation management will help businesses benefit from the efficient and cost-effective movement of goods, storage, and delivery. Kayonza District can be the midpoint for logistics before goods continue to Kigali or other areas. It\u2019s all about establishing the right infrastructure and logistics management to support that,\u201d said Bill Kayonga, PSF representative at the forum.<\/p>\n Being the second largest district in the country with the most planted fruit trees in the country on over 2,000 hectares, investors were also called upon to establish small and medium factories to process and manage the post-harvest losses that may result from the abundance of fruit yields.<\/p>\n Philip Lucky, the Chief Investment Officer at RDB, emphasized that SMEs should exploit available benefits including tax exemptions for startups<\/p>\n According to officials, Small and medium-sized enterprises (SME) start-ups should exploit available benefits, eliminate the phobia of establishing businesses, and play a role in the district\u2019s vision towards achieving the National Strategic Transformation pillars (NST1).<\/p>\n Philip Lucky, the acting chief investment officer at RDB, said: \u201cIn order to support SMEs, the initial capital that was required to start a business was exempted, whoever wants to start a business can register their projects with RDB to receive support instruments, including tax exemptions.\u201d<\/p>\n Challenges<\/p>\n Bureaucratic hurdles, poor infrastructure, mainly in some rural areas, and limited access to finance are some of the challenges that need to be addressed in order to fully realise the district\u2019s vision towards achieving the National Strategic Transformation pillars, according to entrepreneurs.<\/p>\n \u201cTo achieve all we are projecting, eliminating bureaucratic hurdles is important, but complicated and time-consuming procedures, such as obtaining permits and licenses, have deterred a number of potential investors,\u201d said Rehema Nyinawumuntu, a Jibu staff member.<\/p>\n Also, the lack of information on where to invest has hindered the progress of potential investors in the district, according to Chantal Kamashazi, an entrepreneur in Kayonza with a firm engaged in organic fertiliser production.<\/p>\n She said: \u201cMost investors engage in business they are used to; the lack of information on where to invest in the district has been a setback for unlocking those opportunities, but this forum has opened eyes to whoever wants to invest. I know colleagues who have capital but are reluctant to invest due to a lack of information on where to invest.\u201d<\/p>\n Investors were called upon to increase commercial premises.<\/p>\n Speaking to The New Times, Kayonza District Mayor, John Bosco Nyemazi, emphasised the district\u2019s commitment to creating a more business-friendly environment while addressing any challenges that may arise in the course of unlocking opportunities aimed at the economic growth of the district.<\/p>\n \u201cOur goal is to make Kayonza an attractive destination for both local and foreign investors. We have a team to ensure that all necessary information is easily accessible. The reviewed master plan under progress will provide clear guidelines for development, and land will be utilised according to what it is reserved for,\u201d the mayor said.<\/p>\n Among the other opportunities presented for investment are the construction of Mukarage Mega Market, a golf field, a home for water sports along water bodies, mini-agro-processing factories, and boosted hospitality infrastructure in the district.<\/p>\n Being the second biggest district in the country, Kayonza presented the abundance of land for investors to exploit agri business opportunities.<\/p>\n Kayonza is home to the Big Five. Investors were called upon to set up infrastructures that can sufficiently accommodate tourists.<\/p>\n\r\n