By Inspirer staff.
The government of Rwanda has showcased key agricultural projects that seek investors in a bid to recapitalize the businesses, increase production and efficiency.
.Kigali Wholesale Market, a physical trading platform for fresh produce, is one of the projects that were pitched to investors at the Kigali Conventional Centre yesterday.
Located on seven hectares at Kigali’s Special Economic Zone, the project aims to become a regional aggregator for fresh produce.
Rwanda Farmers Coffee Company, which trades under the brand name ‘Gorilla Coffee’, is also one of the companies that are being considered for privatisation.
The coffee firm is a joint venture between the Rwandan government and Clinton-Hunter Development Initiative (CHDI). It began operations in 2015.
With the capacity to produce 3 tonnes of coffee every day, the company commands an estimated market share of 40 to 50 per cent.
The Government is also keen on opening up Kigembe fish farm for investment and is considering full acquisition or a public-private partnership. The 10-hectare fish farm, located in Gisagara District, Southern Province, has 92 ponds and a research facility. Rwanda’s nascent fish industry has been growing steadily with a stable market.
Bart Gasana, an investor in fish farming and fish feeds, says that the fish market is growing and there are opportunities for value addition.
Government is also looking for investors to lease the Gabiro Irrigation Project.
Government also plans to divest from Bella Flowers, a leading exporter of flowers located in Gishali, Rwamagana District.
RDB says that the facility has adequate infrastructure, including greenhouses covering 20ha under production, a large capacity packhouse with two cold rooms, a fertigation unit, fully equipped workshop and water reservoir.
Rwanda has readily available floriculture market in the Netherlands among other markets. Between July 2017 and March 2018, flower exports were worth $2.8 million up from $ 1.2 million in the previous year. Opening up the sub-sector to investment is aimed at creating diversity and increasing the level of expertise applied
1,201 total views, 2 views today