The incoming Chief Executive Officer of Rwanda Development Board (RDB), John Gara has promised new a momentum in achieving increased investment in flows and growing the Rwandan business community.
He said RDB targets foreign direct investments worth $200m annually, which the institution should ably surpass.
While addressing a press conference yesterday, Gara who assumed office on December 1, said that RDB was currently undergoing a restructuring process that will lead to a creation of clusters that will focus on policy advocacy in areas that promote the private sector and agriculture as a business industry.
“We are going to make sure we tackle any policies that impede the mechanization and modernization in agriculture so that investors can advance their interests without refrain, which in turn will benefit the rural farmers.” Gara said.
A lawyer by profession, John Gara is charged with the responsibility of accelerating Rwanda’s strategic growth and development initiatives with emphasis on promoting the role of the private sector.
“Am delighted at the opportunity given to me, to contribute to the country’s development and working with a dedicated team to deliver our objectives is another incentive.”
“We will remain focused on fast tracking development and working with stakeholders to bring value to Rwanda’s development agenda” Gara said.
He said it was priority for RDB to discover those neglected areas in the investment sector and single them out for improvement.
He also commended government for easing the process of business registration by cutting down all bureaucratic forms, an achievement that even some more developed European countries have failed to implement.
Gara’s appointment is still pending approval from the Senate.