High construction imports but investors still needed in Rwanda
By ALEX NGARAMBE, Rwanda Today
Rwanda’s trade deficit in the construction sector is set to remain high at least in the short and medium term even after Cimerwa Ltd, the largest cement manufacturer, promised to satisfy the market and export the surplus.
Rwanda’s construction sector like other sectors of the economy is a net importer.
However, Cimerwa, has completed its new production plant in Western Province, which is expected to stop cement imports. The government said although the deficit will reduce, more investors into the sector are needed.