Riepa woos Middle east investors

Rwanda Investment and Export Promotions Agency (Riepa) is urging businessmen from the Middle East to investment in Rwanda.

Tuesday, June 17, 2008

Rwanda Investment and Export Promotions Agency (Riepa) is urging businessmen from the Middle East to investment in Rwanda.

Riepa says a safe investment environment, strategic location make the country a good investment destination.

Rwanda has also immense untapped potential in agriculture, ICT mining, finance and energy.

"Rwanda is not a member of the (OIC) Organisation of Islamic Countries but we are always on the look. Ready to talk and meet potential investors whenever they may be,” Francis Gatare, Riepa Director General said.

He is attending the 12th   Organisation of Islamic Countries first Business Forum in East Africa that opened in Kampala on Monday.

The forum under the theme, ‘Discover the resources and high potential of the African market’ is being attended by over 400 leading Islamic businessmen from the Middle East including Oil producing countries (OPEC).

"I have managed to talk to so many members of the OIC who knew little about Rwanda or had never done business there. The response has been positive,” Gatare said.

He said participating in the OIC forum is a continuation of mobilising  private investment and market the country to the business community around the world.

He has officially invited the Islamic investors to attend the East African Investment Forum slated for 26 to 28 June in Kigali.

The conference is a regional investment round table to discuss investment opportunities, challenges and solutions to investment.

The EAC Secretariat initiated this programme to harmonise the investment code of member states and ensure smooth integration.

Ends