Investementsafrica.com also provides the information sources for you to Invest in Africa regions. Below is the information opportunity in RWANDA which is for construction Industry.
Construction & Materials
There is an opportunity to construct a modern office building with space for letting to upscale retail investors. Rwanda’s retail and construction industry are some of the sectors that have expanded tremendously in the recent past.
Investment in Rwanda’s real estate and construction industry is growing rapidly. This investment opportunity to construct a mixed-use development is among the real estate investments worth $3.5-billion that the Rwanda Development Board is promoting.
Location: Central Business District – Nyarugenge
Available land: 2.5 acres
Project description: Modern class A office building with a plinth area of 10,000 square metres on 10 floors, divided into 80 units of 125 square meteres – 8 on each floor. The bottom three floors are to be used for upscale retail space.
Cost of project: US$16,138,964
Equity Investment required: US$8,459,555
Sale price: US$18 million
Projected rental yield: 12%
Capitalization period: 10 years
Incentives include a 5% flat rate, 40-50% investment allowance, corporate tax reduction in employment and exports.
Investment insurance: Available through the Africa Trade Insurance Agency and Overseas Private Investment corporation.
For more on incentives available to investors and further information on this opportunity contact the Rwanda Development Board.