Yesterday 14 December 2016, the Prime Minister Anastase Murekezi officially launched the second edition of Made in Rwanda exhibitions at Gikondo Expo Ground.
The expo, organised by the Private Sector Federation in partnership with MINEACOM, gives an opportunity to Rwandan manufacturers to showcase what they can do and their production potential to satisfy local market as government seeks to increase exports and bridge the import gap.
The Chairperson of the Private Sector Federation (PSF), Benjamin Gasamagera said the next five years will see local manufacturing sector grow by 30 per cent; which will prop up a decrease gap between imports and exports.
Gasamagera who was speaking at the opening of exhibition, suggested that for Rwandan products to compete more, some measures needed to be taken.
“The Government should give Made-in-Rwanda products like construction materials and office equipment preferential treatment during tendering processes. We are also of the idea that, if possible, a law stipulating that at least 50 per cent of products used in construction or in offices should be locally made be considered,” he said.
The Prime Minister reflected on government measures to embrace industrial sector and to promote investment in the country, referring to the recent decrease of electricity and rural water tariffs aiming at boosting Rwanda’s competitiveness.
“The research conducted in 190 countries concluded that Rwanda positioned 2nd and 56th in Africa and the world respectively to facilitate investment. I call on Rwandan and foreign investors to cash in on such opportunity from our country.” PM said as well as reminding government institutions to respect given recommendations to embrace Made in Rwanda products.
The Minister for Trade, Industry, and East African Community Affairs, François Kanimba, told the business community that the campaign to promote Made-in-Rwanda products is one of the strategies to bridge the import gap.
The first ever Made in Rwanda expo took place in February this year attracted around 260 exhibitors. The second edition now has attracted about 300 traders.