Rwanda announces hotbed of luxury & leisure tourism investment opportunities

Rwanda wants investments. A first forum is being held in the country’s capital, Kigali.

• inSha

KIGALI, Rwanda – The Rwanda Development Board (RDB) today held a press conference to announce the Africa Hotel Investment Forum that is happening in Kigali, Rwanda, from October 4-6. The forum will provide an excellent platform for Rwanda to showcase its immense investment opportunities in the luxury and leisure hotel and tourism industry. At the press conference the Chief Tourism Officer, Belise Kariza encouraged participants to discover the various opportunities, especially the Kivu Belt Rwanda’s tourism and hospitality haven along with six prime real estate properties in the Kivu Belt, west of Rwanda.

“Rwanda is a strategic investment choice primarily because we provide a supportive business environment with all necessary services available online 24/7. With tourism being the country’s mainstay, the government is a key stakeholder and has taken great care to develop the necessary infrastructure to support the growth of the sector, such as strong roads, water supply and electricity,” Kariza said.

The key investment opportunities presented include: a hot spring eco-tourism resort on the Rubavu Peninsula, an entertainment and leisure complex in Rubavu, a five-star golf resort and residential villas, an Ecolodge on Gihaya Island, a premium boutique hotel and tourism center in Rusizi and the completion of a five-star conference and leisure hotel in Rusizi district. The respective projects range in value from $50 up to $152 million.

Lake Kivu 

Rwanda’s western province is a popular tourist destination given its vicinity to the Volcanoes National Park, home of the mountain gorillas and its current offering of lakeside resorts and water sports. According to tourism statistics, the industry registered more than US$340m in revenues in 2015 indicating a 10% increase from 2014.