However, according to the Ministry of Trade and Industry (MINICOM), there still remain many activities which require funding for them to be relocated.
In 2018/2019 fiscal year, the government allocated Rwf9.8 billion for relocation of former industrial park where the government plans to create artificial lake.
According to MINICOM minister, Vincent Munyeshyaka, the budget for relocation is still low whereas there are many activities which need to be relocated.
Munyeshyaka said that relocating all remaining activities needs Rwf30 billion including Rwf9.8 billion that was availed in this year’s budget.
“Rwf9 billion will be used in 2018/2019 fiscal year by relocating industries and commercial activities. It requires big budget, over Rwf30 billion.” he explained.
He said that they want to start discussions with property owners so that they could be partly compensated with the full amount to be paid at a later date.
“If this process fails, we will use available budget and wait next year,” Munyeshyaka added.
Relocation activities for Gikondo Industrial Zone were expected to have been completed by 2016, but the process was hampered by insufficient budget.
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