INVC,
Mumbai,
Republic of Rwanda is the most rapidly growing economy in East Africa is the PARTNER COUNTRY” for AUTOMATION-2014. Republic of Rwanda is growing at 8% average year-on-year GDP growth, stable inflation and exchange rate. Rwanda has a very Sound macroeconomic management and robust fiscal discipline. Rwanda has a clear vision for growth through private investment set out by President Paul Kagame through Vision 2020. Rwanda is an open market of over 11 million people with a rapidly growing middle class. Republic of Rwanda is increasingly attractive destination for foreign investments. There is a great opportunity for Indian Industries to develop a business. Rwanda is the most competitive place to do business in East Africa and it is 3rd in African Country as per Global Competitive Index Report 2013-2014. In Rwanda, new Special Economic Zone is developed and operational. More zones are planned on the districts level. Rwanda has very high labor efficiency and offers an excellent and flexible supply of labor. Rwanda’s workforce is also demonstrating increasing capacity or knowledge-based industry. Govt. of Rwanda is a very Investor-friendly government committed to the market economy, which is very inspiring for Indian Industries and especially for AUTOMATION Industry. Indian Industries , specifically AUTOMATION Industries must grab potential opportunities for investment abound, particularly in the sectors such Infrastructure, Energy, Information and Communication Technology, Mining, Manufacturing, Real estate and Construction & Financial Services, Agriculture.
A flagship event of IED Communications, “AUTOMATION” is the biggest show in South East Asia and the second biggest show in Asia after the “IAS Shanghai”. The 9th edition of Automation 2014 will be held from 15 to 18th October 2014 at the Bombay Exhibition Centre, Mumbai- the financial capital of India.
