According to the Statement by RDB, Mitrelli Group seeks to construct up to 10,000 housing units in Rwanda, the majority of which will be affordable housing.
Speaking at the signing ceremony, Haim Taib, Founder and President of Mitrelli Group, lauded RDB for its support and partnership.
“This project is a very nice challenge for us. We have the knowledge, the funds, the expertise and the ability to complete this project. I believe that the two sides have the same goal. The goal is being the best project for the people of Rwanda. We have come to Rwanda to stay,” Taib said.
Speaking at the event, the RDB Chief Executive Officer, Clare Akamanzi said that Rwanda is proud to welcome the group.
“Mitrelli Group is the kind of investor that we want in Rwanda. We are happy to work with you in providing housing for the growing housing market,” she said.
Also at the occasion as RDB signed the MoU was Mazen Al Sawwaf was, the CEO and founder of Global Investment Holding Company, a Saudi Arabian holding company.
Access to affordable housing remains one of the key priorities for the Government of Rwanda and there are a number of strategic incentives to attract local and international investors in the sector.
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