Public Management

ARISE IIP signs with Rwanda for the development of an Industrial Zone in the Bugesera District

ARISE IIP signs with Rwanda for the development of an Industrial Zone in the Bugesera District
Thursday, 08 September 2022 22:25

ARISE Integrated Industrial Platforms (ARISE IIP), a developer and operator of world-class industrial ecosystems across Africa, in partnership with the Government of Rwanda, is proud to announce the signing of a framework agreement for the development of an industrial zone in Bugesera District. This agreement, in line with ARISE IIP’s ambition to unlock Africa’s industrial potential, will support the Government of Rwanda in advancing the country's industrialisation agenda.

The Special Economic Zone (SEZ) will seek to promote and attract multi-sectoral industrial and commercial investments in the country, and develop the local manufacturing of raw materials into high-added value products. The ZES is expected to be entirely operational in 3 years, starting in 2022 with construction happening in 3 phases spreading across a total of 330 hectares. The zone will focus on the local transformation of timber, packaging, agro-processing, construction materials, logistics, and other processing industries.

The zone will be strategically located, only 10 kilometers from the new international airport in Bugesera district, which is expected to be the country's largest airport. In addition, the Bugesera district is 50 kilometers from Rwanda’s capital, Kigali, which has turned into a key economic and cultural hub across the region.

Gagan Gupta, Founder and CEO of ARISE IIP commented: “We are honoured to be able to partner with the Government of Rwanda in developing the Special Economic Zone in Bugesera. With our experience as developer and operator of industrial ecosystems across Africa, we intend to support the Rwandan Government's efforts to develop the country.” 

Clare Akamanzi, CEO of the Rwanda Development Board (RDB) states: “We are excited to partner with ARISE IIP to develop and operate a Special Economic Zone in Bugesera District, which is going to be a budding hub for trade and investment. Strategic investments like these not only promote more investments, and exports in the country, but also the creation of jobs for our people as we strive to become a middle-income economy. We look forward to working together with ARISE IIP to ensure that the objectives of the Bugesera SEZ are met.”

For the past few years, ARISE IIP has experienced a remarkable expansion across Africa, with currently 12 integrated industrial zones accelerating the continent’s industrialisation. For reference, in Gabon, ARISE IIP manages the Gabon Special Economic Zone (GSEZ) which focuses on the timber industry, and has created 16,000 jobs, attracted 120 investors, and enabled Gabon to move from being an exporter of logs to the world's 2nd largest producer and exporter of veneer, as well as the first in Africa. Across the continent, ARISE IIP’s primary drive has always been the creation of industrial ecosystems committed to generating high local added value along with sustainable growth.

About ARISE IIP

ARISE Integrated Industrial Platforms (ARISE IIP) is a pan-African developer and operator of world-class industrial parks committed to making Africa thrive. We identify opportunities in commercial and industrial value chains across Africa, and conceive, finance, build and operate the necessary infrastructure, playing a catalytic role in supporting countries to transition to an industrial economy. We are driven by the pursuit of green growth; our ambition is to unlock the continent’s industrial potential while neutralising our carbon emissions and climate impact. ARISE IIP is currently present in Benin (GDIZ), Togo (PIA), Gabon (GSEZ), Côte d’Ivoire (ZIC), and more. GSEZ was ranked the world’s best special economic zone in the timber sector (2020 FDI ranking).

About the Rwanda Development Board

The Rwanda Development Board is a government agency responsible for leading the country’s transformation into a dynamic global hub for business, investment, tourism and innovation. Its mission is to fast-track economic development in Rwanda by enabling private sector growth.

Arise logo

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Stable and Chipper Cash announced a collaboration to integrate StableChain into Chipper’s platform, aiming to enhance cross-border digital asset...
Ten banks showed a net capital deficit of CFA247.3 billion in 2024 Nearly 40% of banks failed to meet all capital prudential...
Carrefour plans to enter Ghana in 2026 through a franchise partnership The group will take over and rebrand Shoprite Ghana’s seven...
South Africa’s direct investment outflows dropped to 21 billion rand ($1.25 billion) in Q3 2025 Anglo American’s exit from Valterra Platinum...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
05

BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. ...

BNP Paribas Enters Exclusive Talks to Sell BMCI Stake to Holmarcom
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.