MINECOFIN

MINISTRY OF FINANCE AND ECONOMIC PLANNING

REPUBLIC OF RWANDA

Government and Private Sector discuss Priorities and Investment Opportunities in FY 2019/2020

Posted on 01.03.2019

The private sector has to play a major role in the implementation of the National Strategy for Transformation (NST1) if its objectives are to be achieved, Dr. Claudine Uwera, the Minister of State in charge of Economic Planning has said.

Minister Uwera was addressing a senior level dialogue between the Private Sector members and Government officials aimed at discussing FY 2019/20 Government priorities and investments and how private sector and Government can collaborate to achieve its implementation.  The dialogue also focused on key targets of NST1 and strategic investments opportunities over the next seven years.  

“This session is therefore another platform to highlight opportunities for collaboration that need to be seized by the private sector in the delivery of NST 1.” Minister Uwera told Participants. 

Key highlights of the dialogue included mechanisms to develop capacity of the Private Sector, joint business initiatives created by the Private Sector Federation, incentives to attract investments and promotion of Made in Rwanda products.

The Chairman of Rwanda Private Sector Federation Robert Bapfakurera acknowledged Government’s initiative organizing the dialogue as an opportunity to discuss issues that curtail private sector growth and find solutions. 

This is an important opportunity to discuss opportunities as well as concerns of the private sector. We urge Government officials to promote Made in Rwanda products in a bid to increase exports.” Said Bapfakurera.

Members of the private sector were encouraged to invest in manufacturing, agriculture, agro processing, Housing and Mining and Energy sectors which would guarantee returns but also provide employment opportunities to Rwandans. 


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