VOICED : Kigalis construction boom: miracle or mirage

Rwanda aims to transform into 'Africa's Singapore' by 2020, focusing on private sector-led economic development. The government encourages investment, but urban development poses challenges for small businesses. Public projects are underway, but some lag behind. Economic growth slowed in 2013, raising concerns about the building boom. The government remains optimistic, emphasizing long-term planning.

What is the primary goal of Rwanda's Vision 2020?

• To become a high-income country by 2020

• To reduce foreign investments

• To transform into Africa's Singapore

• To focus solely on public sector development

What challenge do small businesses face in the capital's financial center?

• Increased taxes

• Limited access to resources

• Mandatory relocation to high-rise buildings

• Lack of customers

What is a concern for retailers regarding the move to high-rise buildings?

• Increased rent costs

• Loss of customer base

• Poor building quality

• Lack of parking space

What slowed down in Rwanda in 2013?

• Population growth

• GDP growth

• Infrastructure development

• Foreign investments

What does the government emphasize about the urban transformation?

• It will be completed in a year

• It will not affect the economy

• It requires patience and time

• It is solely a physical change