Owned by a Rwandan investor, Joseph Mugisha, the hotel located in Kiyovu, in the heart of Kigali, was on Friday opened by the Head of State accompanied by First Lady Jeannette Kagame and other high ranking officials from the central government and private sector.
Kagame thanked Rwandan investors for the good job they are doing in developing hospitality services in the country.
“Such investments are very important but they also make sense when they unite people from all walks of life to help build the nation,” he said.
He said that investment by Rwandans has a great role in the development of the population beyond what they can imagine.
“Such investment by Rwandan nationals from inside the country is good as they enable the economy to be stable,” he said, reminding that cooperation with foreigners is also vital.
“This investment can be done by a family or Rwandans themselves but most of the time it is better and are more valuable when they cooperate with foreigners as they bring in much more things,” he said.
Emphasizing the need for more local investors, Kagame said that when the situation changes, foreigners shift their assets and leave a gap in the country but locally owned investments remain.
The head of state hailed Mugisha’s investment urging other Rwandans to follow the suit.
“I am happy to extend my personal support so that investments of this kind can thrive and ensure that we change the lives of Rwandans,” he promised.
Mugisha thanked President Kagame good leadership, saying it enabled him to attain such an achievement in hospitality.
“I appreciate the way you continue to support private investors; this is a result of good leadership in the country,” he said.
Park Inn by Radisson hotel has 161 rooms including conference rooms, restaurant, night club, swimming pool, parking, gym and sauna among other facilities.
The hotel employs 180 people, among them, 178 are Rwandans.
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