Rwanda Seeks Chinese Investment in Green Project, Says Official

Published on: 21 August 2022
by KnowESG
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Rwanda is hoping to attract more Chinese investments in green projects to help the country reach its goal of becoming a green economy, according to a Rwanda Environment Management Authority official (REMA).

At a press conference held recently in the Rwandan capital of Kigali on the gorilla naming ceremony aimed at boosting conservation and sustainability efforts, Faustin Munyazikwiye, deputy director general of REMA, stated that Rwanda hopes to build a partnership with China to promote environmental conservation and sustainability.

"We are preserving our nature and environment using environmentally friendly technology. We are looking forward to more investments in green projects from China because China is more advanced in some of the environmentally friendly technologies," said Munyazikwiye.

He explained that Rwanda and China collaborate to exchange best practices in environmentally friendly technologies to reduce carbon emissions and natural disasters caused by climate change.

"We have seen various investors from China coming to invest here in our country. We are appealing to those coming here to invest in our country to make sure they invest in the green projects that will contribute to environmental sustainability," said Munyazikwiye.

He mentioned that a Chinese company is investing in a bamboo plantation in Rwanda, which has played an essential role in nature conservation and environmental protection.

Munyazikwiye said that the company entered into a concession agreement with the government of Rwanda through the Rwanda Development Board (RDB) to plant more bamboo of different varieties. The company will also help to harvest all the bamboo that has been planted along rivers in Rwanda.

According to the official, the Chinese company will utilise the harvested bamboo to build furniture and other products, stressing that investment in green projects is one of the important areas that will help enhance environmental sustainability and generate green jobs in the country.

"Although we are not facing similar climate hazards, the challenges of environment and climate are almost similar worldwide that is why we need to partner with China to promote a green economy through environmental conservation and protection," said Munyazikwiye.

He went on to say that Rwanda and China are signatories to several international environmental treaties that manage the environment and climate change on a global scale.

Source: Xinhuanet

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