East African Business Week (Kampala)
Bosco Hitimana
28 June 2008
Kigali — Burundi president, Pierre Nkurunziza has expressed optimism that his country is safe for investment with reforms in place to entice investors.
Nkurunziza was speaking at the first East African Community investment conference held in Kigali at last week.
"My government has already engaged great efforts to reform the economy by setting up macro economic policies, appropriate judicial and financial systems with the view to creating an adequate atmosphere for investment and business", Mr. Nkurunziza said.
Burundi which recently signed a peace agreement with the last rebel group is just regaining momentum and working round the clock to attract foreign direct investments like its other EAC members.
The Burundi government and its private sector showcased what was on offer in Burundi. Nkurunziza stressed that Burundi has got a lot investment potential given its strategic position on Lake Tanganyika and its border with the Democratic Republic of Congo (DRC).
Nkurunziza cited coffee, tea, cotton, vegetables and fruits as very strategic areas for investors. He also mentioned that other opportunities like tourism, energy and mining were available for investment.
"As far as I am concerned, investors wishing to work in Burundi are welcome. We will grant them work permits and other relevant facilities", the head of the state said, adding that his country is already harmonizing the investment code to conform with the EAC requirements.
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