Insider Rwanda's $2 billion Innovation City

[ad_1] Rwanda has announced plans to construct Kigali Innovation City at the Africa Investment Forum Event. The event took place on 11th-13th November 2019 in Johannesburg, South Africa.

Kigali Innovation City will be located in Kigali’s Special Economic Zone. The Rwandan government will value the project at about $2 billion. It will also act as a host for world-class universities, technology companies, biotech firms, commercial and retail real estate.

The construction project will create 50,000 jobs annually while building a critical mass of talent, research and innovative ideas.

The project will also form part of the Government of Rwanda’s vision 2020 development program and National Strategy for Transformation 2017-2024.

Additionally, the project will have a Pan-African human and economic development impact.

The construction project will be a private-public partnership between the Rwandan government, Africa50 and other African states.

Rwanda is known to be one of the world’s fastest-growing economies because it is leading in terms of its technological advancement and infrastructure development. Related; Kigali Ranked 2nd Most Popular Destination in Africa for International Events Rwanda Launches Volkswagen Electric Cars Rwanda and Ethiopia to partner with ROSATOM to Put up Nuclear Centres Rubis Energie to Restructure KenolKobil’s Uganda and Rwanda Units [ad_2] Source link