East African Business Week (Kampala)
Bosco Hitimana
7 July 2009
Kigali — Construction of the proposed new Kigali Industrial Park (KIP) has started.
Phase One is expected to be complete by the end of this year, a senior project official has said.
The Chief Operations Officer Rwanda Investment Group (RIG), a local company investing in the park, Mr. Fiacre Birasa said 186 plots on 115 hectares are being developed to accommodate local industries the government ordered to leave the old park in Gikondo, Kigali.
The new industrial area of 252 hectares will see the remaining 137 hectares developed in the second phase, creating ample room for industries.
The park is to be equipped with basic facilities like water, electricity, roads and drainage and sewage systems.
Birasa said the park will also have ample space for daily commercial services like banking, clinics and restaurants to cater for the needs of the workers employed in the factories.
The Rwanda Environmental Management Authority (REMA) says the old industrial park in Gikondo was placed in a reserved wetland and must relocate.
Birasa said the smallest plot is 1000 square metres and the biggest is 3000 square metres but the subscribing factories can be allocated one or two plots depending on the demand.
He said pre-booking for a plot in the new park started in January and more than 40 prospective clients have registered.
KIP is a US$30 million project in which the government owns 25% and the Rwanda Investment Group (RIG), a consortium of 41 individual and institutional local investors established in 2006, owns 75%.
"We invest in profitable businesses with higher impact on the development of the country and this type of business is in RIG's objectives", Birasa disclosed.
KIP is next to the Kigali Free Trade Zone Area (FTZ) in Nyandungu, less than 15 minutes' drive from Kigali International Airport on Kigali- Kagitumba road.
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