Government of Rwanda and Kuwait Fund sign Frw 8.5 Billion Agreement

{The Government of Rwanda and the Kuwait Fund for Arab Economic Development (KFAED) signed a US$ 12.7 million (approximately Frw 8.5 Billion) financing agreement for the construction of the Munini hospital in Nyaruguru district, Southern Province.}

The Project aims to support the social development of the Southern Province of Rwanda, by meeting the increasing demand for health services and improving the quality of health care services in the Nyaruguru District.

The three year (2014-2017) project comprises the construction of the new Munini District Hospital with capacity of 300 beds. It also includes the supply of medical and auxiliary equipment and the consultancy services for design, supervision of construction and procurement.

Speaking after the signing event in Kuwait City where he has been attending the Arab-Africa economic forum, the Minister of Finance and Economic Planning Claver Gatete noted that construction of the Munini hospital would not only bring closer quality health services to Nyaruguru sector but also provide employment opportunities to nurses and doctors.

“Health is one of the underlying factors in the quest for a middle income economy by 2020 and hence very crucial that Rwandans access health services,” Minister Gatete said.

This project is expected to not only serve the people of Nyaruguru district but also people from the neighboring districts of Gisagara, Nyamagabe and Huye.

Abdulwahab Ahmed Al-Bader the director general of Kuwait Fund acknowledged the existing cooperation between the financial institution and Rwanda. He noted that Rwanda’s proper use of aid and hailed its remarkable progress.

“We are ready and committed to continue to support Rwanda going forward and we are assured that the people of Rwanda will stand to benefit from this partnership,” Mr. Abdulwahab Ahmed Al-Bader said.

Kuwait Fund supports several projects in Rwanda including the concluded US$ 10 million Rehabilitated Ngororero-Mukamira Road project, expansion and rehabilitation of the Integrated Polytechnic Regional Center, with financing amounting to approximately US$ 14.2 million. This is an ongoing project that aims to boost Rwanda’s efforts in developing Technical Vocational Education Training (TVET).

The fund is also financing Construction of Rubengera-Gisiza Road, Lot 6 of the Kivu Belt multinational road, with financing approximating to US$ 14.4 million. It is an ongoing project which upon completion will boost trade and tourism along the belt.