Rwanda Announces Investment Opportunities in LuxuryTourism

Belise Kariza the Chief Tourism Officer at Rwanda Development Board (RDB) speaks to Journalists
Belise Kariza the Chief Tourism Officer at Rwanda Development Board (RDB) speaks to Journalists

Rwanda is exhibiting its attractive tourism investment potential at the ongoing Africa Hotel Investment Forum from which the country expects to obtain deals.

Belise Kariza the Chief Tourism Officer at Rwanda Development Board (RDB) told journalists Tuesday that participants at the forum are encouraged to discover 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.

According to RDB, Kivu belt offers a breath-taking, incredible scenery, exquisite weather and accessibility making it attractive holiday destination. The Kivu Belt houses prime lakeside properties, flora and fauna, cultural and heritage sites and nature trails.

“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.

She said, “as we develop more tourism packages, it is important that we diversify our offering in terms of luxury accommodations and amenities for our clients. Lake Kivu is literally paradise on earth and presents the opportunity for Rwanda to become a resort destination,”

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.

The Africa Hotel Investment Forum (AHIF) is the premier hotel investment conference in Africa, attracting many prominent international hotel owners, investors, financiers and management companies. The forum provides a platform for exchange of information, transfer of knowledge and more importantly, an occasion to pitch Rwanda as the ideal investment destination to decision makers in the hotel investors.

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