The Government of Rwanda will receive up to US$610m to support various projects as stipulated in the 2014/2020 budget.
This was revealed during a Cooperation Portfolio Performance Review (CPPR) meeting held in Kigali, Rwanda by Achim Tillessen the head of EU’s delegation in Rwanda.
Government officials and donors reviewed progress made in implementing the 10th European Development Funding (EDF) for Rwanda. The funds were meant to run from 2008-2013 with the donor giving US$573m to the Rwandan Government.
Key sectors that benefited most from this program are: rural development, infrastructure for regional interconnectivity, regional integration and support to non-state actors.
Among the projects is the rehabilitation Kigali-Gatuna road project which started in January 2012 and is expected to be complete by 2016. The project received 57 million Euros.
Achim Tillessen said they are impressed at the rate at which the Rwandan government is implementing the various projects funded by the donor, so they have increased the amount for the 11th EDF funds for the 2014-2020 periods.
Read the full article here: http://constructionreviewonline.com/2014/08/15/rwanda-receive-us610m-eu-support-2014-2020-budget/
