Why Joint Venture to Develop Bugesera Special Economic Zone is Timely | The new times

The Government of Rwanda and ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African company that designs, develops, finances, designs and operates industrial ecosystems across Africa, have entered into a joint venture to develop the Bugesera Special Economic Zone.

The joint venture agreement was approved by the cabinet last week.

Bugesera Special Economic Zone is located in Gashora Sector, Bugesera District, approximately 15 minutes drive from the current location of the highly anticipated Bugesera International Airport under construction.

The industrial park has a combined size of 330 hectares to be built in three different phases.

Arise IIP, which entered into a joint venture with Rwanda to develop the industrial zone, is currently present in Gabon with the Gabon Special Economic Zone (GSEZ), in Benin with the Glo-Djigbé Industrial Zone (GDIZ) and in Togo with the Adétikopé Industrial Platform (PIA).

The pan-African company is also developing industrial zones in Côte d’Ivoire and Chad which will be mainly dedicated to the processing of local agricultural products.

The company is said to be driven by the pursuit of green growth and ambitious carbon reduction targets.

ARISE IIP is supported by two shareholders namely AFC (Africa Finance Corporation) and Africa Transformation and Industrialization Fund (ATIF).

AFC is a pan-African multilateral development finance institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa’s infrastructure deficit and challenging operating environment.

ATIF is an investment company created in 2022 with the aim of providing solutions to the shortcomings that hinder the development of Africa.

Need a sewage treatment plant

Angelique Umwali, deputy mayor in charge of economic development in Bugesera district, told The New Times that the joint venture is timely given that the industrial area is still underdeveloped.

“So far, seven industries are operational in Bugesera Special Economic Zone and four industries are under construction,” she said.

She said there are ongoing activities to provide clean water to each plot, sewage systems and firefighting systems.

“There are activities to be carried out by the Ministry of Trade and Industry. Among those seeking funds are the sewage treatment plant and the first phase of the fence to be built,” she said.

The recent report of the Senate Economic Development and Finance Committee shows that if the 330 hectares of the Bugesera Industrial Park are fully expropriated, the construction of the first phase was 70% equivalent to 100 hectares.

The area is also home to Rwanda’s e-waste collection and recycling plant which started operating in 2017 to dismantle and recycle 10,000 tonnes of e-waste per year.

Some of the plants planned in the area include a fertilizer blending and bulk storage plant to, among other things, produce, market and distribute fertilizers and is expected to be completed next year.

There are also plans to have a modern tannery park in Bugesera district to reduce imports of tanned hides and skins and reduce the country’s trade deficit.

1,483 ha allocated to industrial parks in Bugesera

The Rwanda Housing Authority (RHA) has said that the government will make available to investors who want to set up industries in different towns across the country by 2050 over 9,000 hectares.

These industrial parks are only needed in 13 districts.

Of this total, he said, 1,483 ha will be allocated for industrial parks in Bugesera district over the next 30 years.

In the new plan, 233 hectares are to be allocated to industrial parks in Kigali city, 908 hectares in Muhanga, 1,226 hectares in Rwamagana, 1,483 hectares in Bugesera, 605 hectares in Nyagatare, 151 hectares in Huye, 333 hectares in Rubavu , 288 hectares in Rusizi, 424 hectares in Musanze, 238 hectares in Kirehe, 341 hectares in Karongi and 143 hectares in Nyabihu districts.

Currently, the land allocated to industries across the country is 1,200 hectares.

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