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New border market to increase Rwanda-DR Congo trade

Zoom in font  Zoom out font Published: 2016-04-26  Views: 8
Core Tip: On Tuesday 19 April, the construction of a new cross border market in the Karongi District began. The market will be completed within 12 months at a cost of Rwf 1.58 billion and is expected to boost trade between Rwanda and DR Congo.
On Tuesday 19 April, the construction of a new cross border market in the Karongi District began. The market will be completed within 12 months at a cost of Rwf 1.58 billion and is expected to boost trade between Rwanda and DR Congo.

The market will have a section for selling livestock, a warehouse, slaughter house as well as a vegetable section.

Minister for Trade and Industry, Francois Kanimba said cross border trade is very important for Rwanda as it will help decrease imports.

A study conducted in 2009, showed that products sold in cross border markets constituted 25% of Rwanda's exports at the time.
 
 
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