KIGALI, Rwanda – {Rwanda expects to attract more investors to the energy and infrastructure sector from the iPAD Rwanda Power and Infrastructure Investment forum which starts today.
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“iPAD Rwanda aims to develop investment meetings and to demonstrate the proactive nature of Rwanda to develop the sector efficiently and effectively with a clear strategy for success,” Jean Bosco Mugiraneza CEO Rwanda Energy Group said in a press briefing held last week in Kigali.
The forum brings together investors, project developers, finance houses, construction and planning companies, technology providers from Rwanda, the region and the rest of the world who will look at ways of transforming Rwanda into a dynamic global hub for business, investment and innovation.
“This event aims at keeping the number of delegates between 150 and 200 so that dialogue can be achieved in meetings and a focus on only the key companies relevant to the agenda can deliver cornerstone projects,” Mugiraneza said.
Mugiraneza said the meeting brings together different partners in the energy infrastructure to discuss the different issues but most especially the development of the energy infrastructure in Rwanda.
Investment in the energy sector of Rwanda still faces a problem of lack of sufficient energy to attract different investors since when they come here they say the prices of water and electricity is still very high.
“This is why Rwanda needs to engage in huge projects involving so many players and the region at large to help address such challenges,” Mugiraneza said.
The iPAD Rwanda Power and Infrastructure Investment Forum is supported by the Rwandan government, the Rwanda development Board, and is organized by Spintelligent and hosted by the Rwanda’s electricity utility body the Rwanda Energy Group
It is sponsored by Symbion Power a US power company, STEG International Services, Angelique International Ltd, Engen Rwanda Ltd, Consolidated Africa Technologies, GoeSUN, among others.
Rwanda is regarded as one of the friendliest destinations to conduct a business and to invest in the world and certainly the first in Africa.
Business Week
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