Successful Investment Conference
New Rwanda airport and railway to be finished under public-private partnership
The Rwandan government confirmed last week that among several projects shortlisted for public-private partnership (PPP) were the new planned international airport at Bugesera and also the planned railway, which will eventually connect the port city of Dar es Salaam with Kigali.
Both projects have a bearing on many sectors of the economy but notably also tourism, as air and rail links are crucial to bringing more visitors to the "land of a thousand hills," as Rwanda is also known. The announcements were made last week at the end of an investment conference where the country was showcasing major infrastructural projects aimed to attract and impress global investors and financiers. While the railway is thought to cost in excess of US$4 billion at current prices, the new airport is expected to cost nearly US$650 million when finally completed.
The investment conference attracted over 100 high-level delegates and individuals from around the world who wanted to get first-hand experience of existing and upcoming opportunities in Rwanda, and judging from feedback obtained from Kigali, the participants were widely impressed, leading to further negotiations between interested parties to go into partnership.
Comments
Post new comment