Rwanda Country Session

Presenter: Tony Nsanganira, Minister of State in charge of Agriculture, Rwanda

Facilitator: Fokko Wientjes, Vice-President, Sustainability and

Public-Private Partnerships, Royal DSM

Rwanda Country SessionPresenter: Tony Nsanganira, Minister of State in

charge of Agriculture, Rwanda

Facilitator: Fokko Wientjes, Vice-President, Sustainability and Public-Private Partnerships,

Royal DSM

MINAGRI 2013

RWANDA AT A GLANCE

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Source: RDB

Size: 26,338 sq.km

Capital: Kigali

Population: 11M,

152M EAC, 389M

Comesa plus region

GDP per capita:

$743

GDP Growth:

8%.

Gross Investments as a

% of GDP: 24.0%

Trade balance

(GDP):15.4%.

Gross National savings:

15.3% of GDP.

MINAGRI 2013

RWANDA’S VISION:A MIDDLE INCOME COUNTRY BY 2020

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8.0% 7.5%

9.4%10.6%

11.4%12.2%

0%

2%

4%

6%

8%

10%

12%

14%

16%

2012 2013 2014 2015 2016 2017

AgricultureIndustryServicesReal GDP Growth

Following 10 years 8% average growth p.a., ambitious targets have

been set to meet middle income status by 2020.

Targets 2013 - 2020:

•Real GDP growth = 11.5%

•Agriculture = 8.5%

•Industry = 14.0%

•Services = 13.5%

MINAGRI 2013

AGRICULTURE SECTOR VISION

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The private sector has a key role in achieving PSTA III:

-Investing in high value export crops

- Adding value to products - Providing capital and credit

Vision 2020

8.5% Agricultural Growth

Agriculture 25% of GDP

40% of land under modernised ag

EDPRS II Agriculture driving rural development

Increased productivity and

private investment

28% annual export growth

PSTA IIIIncreased

productivity and food security

Building human capacity and encouraging innovation

Market focus, commercialization and value addition

MINAGRI 2013

CONDUCIVE BUSINESS ENVIRONMENT

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Rwanda Stock Exchange

Established in January 2008 with OTC

transactions in bonds and equities

6 hours to start a business

4th easiest globally for a business to

get credit

15th easiest globally to acquire

property

Top global reformer 6 years

Most competitive place to do business in East

Africa and 3rd in Africa, after Mauritius & SA.

7th best global destination for investments.

2nd in Africa after Botswana.

(BPI Index 2014)

Rwanda is the safest country to live in

Africa. (Gallup Report 2015)

Clean and green city, with the lowest crime of any capital city in

the region.

1st commodity exchange in the EAC

region

MINAGRI 2013

ATTRACTIVE INCENTIVES FOR INVESTORS

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0% Corporate Income

Tax for companies

planning to relocate

H/Q’s to Rwanda

Repatriation of Capital

and assets

After care services: RDB

facilitates investment

projects even after

registration

7 Year Corporate

Income tax Holiday

for large projects in

strategic sectors i.e.

Manufacturing, energy,

export, tourism, ICT

and Health services

Accelerated

Depreciation of 50%

for key priority

sectors i.e. Tourism,

Construction,

manufacturing and

agro-processing

Capital Gains tax

exemption

Duty free importation of

machinery and

equipment, raw materials

(15% - Intermediate

goods, 25% - Finished

goods)

One Stop Center: quick

business & investment

registration; visa& work

permits; notary services

etc.

15% Preferential

Corporate Income tax

for key selected

strategic sectors i.e.

exports, energy,

transport, ICT and

Financial services

MINAGRI 2013

Agriculture Land Information System

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MINAGRI 2013

Agriculture Land Information System

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Assists investors to locate land for commercial

agriculture use

Assists MINAGRI to improve land management and planning

Interactive, web-based resource containing relevant

agriculture information about public land

Data is visual and textual

Agriculture Information – soil type, suitability, slope, elevation,

rainfall, and natural water sources

Proximity to infrastructure – roads, markets

Current land use and users for parcels >10 ha in size

MINAGRI 2013

Investor Facilitation and Aftercare services

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Institutional Framework for Agribusiness Investment Promotion

To promote increased private sector investment in agriculture and

To improve GOR support services to the private sector

MINAGRI 2013

Investor Facilitation and Aftercare services cont.

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Agribusiness Public/Private Dialogue Mechanism

Improved public / private dialogue mechanisms at both the

national and local levels for agriculture

Company Issue Tracker

http://tracker.minicom.gov.rw/dashboard

MINAGRI 2013

Agribusiness Investment Opportunities

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Floriculture

Development

Fruits &

Vegetables

exports

Post harvest

&Agro-

processing

• 35 ha secured for flower park operational and additional 65ha under

preparation

• Targeted expansion 650 ha for flower production

• Opportunities in production of summer cut flowers

• Irrigated land for year round production in different agro-climatic zones

• Range of vegetables (French beans, snow peas, chilies, okra, hot pepper,

etc.), fruits (avocado, banana, passion fruit, tamarillo, etc.) and spices

(ginger, turmeric, etc.). Almost 80% of the production zones are within

100 km of Kigali Airport;

• Opportunity to produce Vegetable seeds locally. Seeds treatment plant

is already in place (SEZ)

• Agro-processing sites identified in different district

• Agro logistics including cold chain for fresh product handling

• Value addition to various agricultural products

• Addition of premiums to productivity increases for export

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READY IDENTIFIED INVESTMENT OPPORTUNITIES

MINAGRI 2013

Agribusiness Investment Opportunities cont.

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Production of Food

crops using developed

terraced land with

Irrigation infrastructure

Approximately 93,000 Ha have been developed under

radical terraces and a further 900,000 Ha under progressive

terraces; These offer opportunities for contract farming on

grains, pulses and horticulture production

Local production of

Packaging materials

Opportunity for establishment of manufacturing plant for

different packaging materials

Kigali Wholesale

Market for fresh

produce

A 10 ha land available in the Kigali Special Economic Zone

(SEZ).( Feasibility studies completed, Architectural designs

available)

READY IDENTIFIED INVESTMENT OPPORTUNITIES

MINAGRI 2013

Agribusiness Investment Opportunities

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Large Scale farm,

slaughterhouse and

export of meat and

feed mills

Large Scale farm,

slaughterhouse and

export of meat and

feed mills

Over 25 lakes

(128,000Ha) with

the largest Lake

Kivu 2,700 Km2

Commercial

Production of

Chicks, Eggs & other

poultry products

Commercial Production

of pork meat & other

pork products

Fisheries &

Aquaculture

products

READY IDENTIFIED INVESTMENT OPPORTUNITIES (Cont.)

Head of Investment Promotion

Department

Rwanda Development Board

Email: innocent.bajiji@rdb.rw

Website: www.rdb.rw

Investment Support Unit

Ministry of Agriculture and Animal

Resources

Email: snirere@minagri.gov.rw

Website: www.minagri.gov.rw