The Rwandan Development Board (RDB) is a government agency in Rwanda that serves as the country’s principal investment promotion and facilitation agency. It is responsible for driving economic development, attracting investments, promoting exports, and facilitating tourism in Rwanda. The RDB plays a crucial role in implementing Rwanda’s development strategies and policies to achieve sustainable economic growth.
The key functions of the Rwandan Development Board include:
- Investment Promotion: The RDB actively promotes Rwanda as an attractive investment destination both domestically and internationally. It showcases investment opportunities, provides information to potential investors, and facilitates the establishment and expansion of businesses in the country.
- Investment Facilitation: The RDB assists investors throughout the investment process, including business registration, obtaining permits and licenses, and accessing various government incentives and support programs. It aims to create a conducive business environment and streamline administrative procedures to facilitate investment inflows.
- Export Promotion: The RDB works to promote Rwandan exports in global markets. It supports exporters by providing market information, facilitating trade missions and exhibitions, and offering export development programs to enhance competitiveness.
- Tourism Promotion: The RDB plays a significant role in promoting Rwanda as a tourist destination. It develops and implements strategies to attract tourists, including marketing campaigns, infrastructure development, and capacity building in the tourism sector. It also oversees the conservation and management of national parks and other tourism attractions.
- Business Development: The RDB supports the growth and development of local businesses in Rwanda. It provides training, advisory services, and access to finance for entrepreneurs and small and medium-sized enterprises (SMEs). The RDB also implements initiatives to foster innovation and entrepreneurship in key sectors.
Through its comprehensive approach, the Rwandan Development Board aims to transform Rwanda into a dynamic and competitive economy while fostering sustainable development and improving the livelihoods of its citizens.