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.
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
Incentives
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.
Contact Us
For any further details, please do not hesitate to send an email to; ipd@rdb.rw
