China Brand Show in Rwanda will sustain industrial capabilities, raise economic growth
By Elias Hakizimana.
At least 21 Chinese Technology companies are in Rwanda to showcase their brands and learn from the country’s available opportunities so that they continue running their activities that are expected to sustain local industrial capabilities and raise economic growth.
Dubbed ‘Chongqing Export Commodities Africa Itinerant Exhibition’, the 2019 China Brand Show in Rwanda started on November 4, 2019 to end on November 6, 2019 and is being held in Kigali Convention Center with the support of Rwanda Development Board (RDB).
Beyond raising the industrial capacity of local enterprises, it is another boost to the current bilateral relationship between China and Rwanda according to Chonglin Li, Dept.Manager of Chongqing Wanzhou International Economic &Technical Cooperation Co.,Ltd.
Wang Jiaxin, Economic &Commercial Counselor of the Chinese Embassy in Rwanda said that the majority of exhibitors are from Chongqing in China. He noted that the territorial coverage of Chongqing is not far from Rwanda in terms of having technologies that are developing faster.
Wang urged people to work hard in order to address challenges that are delaying industrial development.
Adam Li, Project Manager of Chongqing Lifan Industry (GROUP) IMP.&EXP.CO.,LTD is exhibiting Motorcycles and other equipment that are good for Kigali people, especially the Moto-taxis. His company gives spare parts and teach clients how to repair the equipment after buying them in order to make sure that customer satisfaction is met.
The LIFAN Industry has been operating in China since 1992 and exports its products to more than 170 countries and regions. They basically manufacture banking technologies, insurance technologies, transportation technologies such as cars and motorcycles and generators.
“This is a sample we brought to Kigali-Rwanda but we have agents in African regions and now we are looking for one in Rwanda. We are currently in Kenya, Tanzania, Ethiopia, Somalia and Cameroun,” Adam said.
Philp Lucky, the Head of Investment at RDB appreciated the initiative noting that it will promote diversification of technologies between two countries.
“The cooperation between Rwanda and China is currently very strong. The government of Rwanda commends efforts and support from China. We want to support Chinese Businesses to operate in the country,” Philip said.
He said that the Government of Rwanda has a vision to work with Chinese in boosting economy based on manufacturing and Technologies.
Presently, the technologies that are being exhibited are basically in Agriculture machineries and transportation. China is known to have a developed Agriculture and Livestock and is the biggest exporters of Agriculture products comparing to Asia and its neighboring countries.
“Our Agriculture is of subsistence in nature, we want to mechanize it and we encourage these companies to expand investments in Technology based in Agriculture.” Said Philip.
Rwanda is also looking on increasing Chinese Investments to $100 million every year from $59.1 million registered in 2018 according to RDB.
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