{{Industrial Promotion}}<\/p>\n
The industrial sector comprises 16% of national GDP, with construction accounting for more than half of this. Aggregated turnover grew by 11% in 2012 in the sampled industrial firms (RIS 2012), with average capacity utilization of 65%.<\/p>\n
Capacity under utilization was considered particularly problematic for firms in manufactured consumer goods, construction materials and construction services.<\/p>\n
Average labor productivity for the sampled firms rose 6.7% in 2012.<\/p>\n
MINICOM targeted 6 outputs in 2012\/13 related to industrial development, and 10 of the 11 related targets were fully achieved (91%). MINICOM provided technical support to 55 industries and SMEs to expand production, and continued developing the Kigali Special Economic Zone (KSEZ).<\/p>\n
{{Small and Medium Enterprises Development}}<\/p>\n
SME turnover growth averaged 12.9% in 2012 based on a sample of 748 firms (SME Impact Assessment), with employment growing by 3.7%. SMEs identified capacity utilisation as a concern, with less than a third of firms considering themselves to be operating at an acceptable capacity level due to limited demand, access to credit and access to markets.<\/p>\n
MINICOM set 4 priority outputs in 2012\/13 for SME development. Under these, 15 of 16 targets were fully achieved (94%). The second phase launch of Hanga Umurimo drew in 13,363 business ideas, with banks ultimately receiving 1,219 proposal submissions worth RwF 11 billion, creating 11,483 off-farm jobs.<\/p>\n
Strategies for 8 SME clusters are under development, and 3 Community Processing Centres are in the process of being equipped (dairy, leather and Irish potato).<\/p>\n
There are now 5,610 registered cooperatives in Rwanda, with 1,877 having been inspected for good governance practices. RCA trained 1,003 Savings and Credit Cooperatives (SACCOs) in 2012\/13 and inspected 670.<\/p>\n
Thanks to continued mobilization, SACCOS continued to register strong performance. Membership increased by 19.3% compared to 2012-2013 reaching 1.9 Million members.<\/p>\n
The number of account holders in SACCOs in 2012\/13 was over 1.5 million, up by 30.5% from the previous fiscal year. Savings and deposits increased by 27.1%, up to RwF 36.9 billion in 2012\/13, disbursed loans have risen sharply, with RwF 27.6 billion disbursed in fiscal year 2012\/13 compared to RwF 3.6 billion in fiscal year 2011\/12 while cumulated loans were RwF 46 billion, increasing by 153% from the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Industrial Promotion}} The industrial sector comprises 16% of national GDP, with construction accounting for more than half of this. Aggregated turnover grew by 11% in 2012 in the sampled industrial firms (RIS 2012), with average capacity utilization of 65%. Capacity under utilization was considered particularly problematic for firms in manufactured consumer goods, construction materials and […]<\/p>\n","protected":false},"author":2,"featured_media":2000049815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[2268],"hashtag":[],"class_list":["post-11983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-richard-mugarura"],"bylines":[{"id":2268,"name":"Richard Mugarura","slug":"richard-mugarura","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":2268,"name":"Richard Mugarura","slug":"richard-mugarura","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":{"id":2000049815,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton11983.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/11983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=11983"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/11983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000049815"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=11983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=11983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=11983"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=11983"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=11983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}