Crown Paints to Invest U.S.$2.2 Million in Rwanda

{Crown Industries Ltd, East Africa’s leading paint manufacturer, is eyeing to pump $2.2million in Rwanda in an ambitious bid to expand its regional market. It also targets the DR Congo market. The company that set its foot print in Rwanda in March this year, opened a distribution channel in Kigali and hopes to invest the money in the next five years with plans to set up a hi-tech industry in the next three years.}

“We have finished setting our footprint, we are opening our showroom, the first in Rwanda before the year ends,” said Vipul Kapur, the marketing manager for Crown Paints Rwanda, in an interview with the Independent in Kigali. T

he company now joins Uganda’s Sadolin Paints and local manufacturers Ameki Color, something market observers say may increase competition and thus lower prices for consumers as they (manufacturers) fight for market share.

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