Gicumbi accelerates push to become a competitive investment destination

Gicumbi District showcases diverse investment opportunities, highlighting agriculture, tourism, real estate, and collaboration to drive growth.

Gicumbi, Rwanda, on 26 March Under the theme “Unlocking Gicumbi’s Investment Potential,” Gicumbi District has intensified efforts to attract investors, as leaders showcased a wide range of opportunities during a two-day forum aimed at accelerating local economic growth, organized in collaboration with RDB, the Gicumbi  District, and the Private Sector Federation in Gicumbi, with support from different partners, including the Green Gicumbi Project.

Speaking at the opening, Mayor Emmanuel Nzabonimpa said the district is positioning itself as a competitive investment destination, highlighting key sectors such as agriculture, livestock, agro-processing, tourism, and trade.

He added that Gicumbi’s fertile land, favourable climate, and growing workforce provide a strong foundation for investment.

Meanwhile, the mayor pointed to rising opportunities in real estate and hospitality, especially in Byumba town, where increasing demand is driving the need for modern markets, hotels, accommodation, and commercial services.

At the same time, tourism potential featured prominently, with areas such as Lake Muhazi and cultural heritage sites identified as key attractions that could be further developed to boost visitor numbers and local revenue.

Chief Investment Officer Michelle Umurungi reaffirmed RDB’s commitment to facilitating investment through efficient, investor-focused services, including the One Stop Centre, and continued support from investment registration to project implementation.

“She emphasized the importance of close collaboration between the public and private sectors to accelerate investment in Gicumbi District, address bottlenecks, and ensure investments are delivered effectively.”

Presiding over the forum, Minister of ICT and Innovation Paula Ingabire said ongoing investments in infrastructure, public services, and digital connectivity are strengthening the district’s readiness for business.

She therefore called for greater focus on implementation, urging stakeholders to turn investment plans into tangible outcomes that can drive sustainable economic development.

Thus, the investment forum underscores Rwanda’s strong commitment to attracting investors by fostering a business-friendly environment and turning opportunities into tangible development outcomes. By bringing together government officials, the private sector, and development partners, the forum highlighted coordinated efforts to accelerate economic growth.

It also reaffirmed Rwanda’s position as a competitive investment destination, demonstrating its capacity to support investors with modern infrastructure, streamlined services, and strategic sectoral opportunities across agriculture, tourism, real estate, and industry.

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