Diplomatist Magazine Rwanda 2018 | Page 23

R wanda enjoys strong economic growth and high rankings in the World Bank's Ease of Doing Business Index. The Government of Rwanda has undertaken a series of pro-investment policy reforms intended to improve Rwanda’s investment climate and increase foreign direct investment (FDI). Sustained High Growth • 8 percent average year-on-year GDP growth, stable infl ation, and exchange rate. • Sound macroeconomic management and robust fi scal discipline. Robust Governance • A clear vision for growth through private investment led by President Paul Kagame (Vision 2020). • Politically stable with well-functioning institutions, rule of law and zero tolerance for corruption. Investor friendly climate • Top global consistent reformer since 2008 • Most competitive place to do business in Africa • New Special Economic Zone developed and operational. More zones planned for the districts. Access to markets • Market of 10.5 million people with a rapidly growing middle class. • A market and customs union with a market potential of 141 million people in East Africa Community. Excellent Labour Market • Rwanda has a very high labour effi ciency and offers an excellent and fl exible supply of labour. • Rwanda’s workforce is also dem- onstrating increasing capacity for knowledge-based industry. Rwanda has a very high labour effi ciency and offers an excellent and fl exible supply of labour. Untapped Investment Opportunities Potential opportunities for investment abound, particularly in the following sectors: infrastructure, agriculture, energy, tourism, manufacturing, information and communica- tion technology, mining, fi nancial services, real estate and construction.  2018 • RWANDA • 21