Infrastructure
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Overview
Rwanda understands the importance of infrastructure in the development of a competitive private sector. To this end, the government continues to invest heavily in infrastructure. Almost a tenth of Rwanda’s annual budget is committed to transport and other infrastructure. To develop a vibrant private sector, Rwanda is investing in Roads, Rail, and water transport infrastructure with the intent of dramatically reducing the cost of transport to businesses and individuals.
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Investment Opportunities
- Informal settlement Upgrade & Property Development
- Affordable Housing
- Industrial Park Development
- Road Construction, Rehabilitation, and maintenance
Projects to be implemented during 2018/19-2023/24 includes the following
- Upgrading of unpaved national roads to paved,
- Rehabilitation of paved national roads
- Construction of urban roads in CoK and Secondary Cities,
- Maintaining paved national roads,
- Install and operationalize weighbridge stations
- Rehabilitate Feeder roads
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Following are incentives infrastructure projects are entitled to
- A registered investor shall be entitled to a flat accelerated depreciation rate of fifty percent (50%) for the first year for new or used assets if he/she meets the following criteria:
- invest in business assets worth at least fifty thousand US dollars (USD 50,000) each;
- construction projects worth at least one million eight hundred thousand United States dollars (USD 1,800,000);
- A registered investor shall not pay capital gains tax. However, income derived from the sale of commercial immovable property shall be included in the taxable income of the investor.
- Duty-Free importation of machinery and raw materials as per the East African Community Customs Management Act Regulation.
- The tax administration issues a Withholding Tax Certificate to avoid double taxation upon presentation of Investment Certificate provided by RDB.
- A registered investor who invests an equivalent of at least two hundred fifty-thousand United States Dollars (USD 250,000) may recruit three (03), foreign employees, without necessarily demonstrating that their skills are lacking or insufficient on the labor market in Rwanda.
- A registered investor shall be entitled to a flat accelerated depreciation rate of fifty percent (50%) for the first year for new or used assets if he/she meets the following criteria:
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Contact Us
For any further details, please do not hesitate to send an email to; ipd@rdb.rw