Two multi-billion commercial complexes launched in Kigali

The RPF Inkotanyi Chairman, President Paul Kagame on Monday, December 5 presided over the launch of two ultra-modern business complexes in the City of Kigali, where he called for more synergies between business operators to deliver the transformation the country has set its eyes to.

The two buildings are Champion Investment Corporation Complex (CHIC) that is based in downtown Kigali and Kigali Heights, a multi-use commercial complex located in Kacyiru, right opposite the Kigali Convention Centre.

During the launch, President Kagame said the transformation of any country can only be realized through people coming together to pool energy and resources to achieve their goals. 

CHIC is owned by 56 Rwandan investors working under the Champions Investment Company, and Kigali Heights is owned by a consortium of Rwandan and foreign shareholders.

After inaugurating CHIC President Kagame urged the Rwandan investors to do even more for the good of the country and their own good. President Kagame stated that no one should expect donors to build a commercial complex like CHIC for them, and thanked the investors for investing their own resources.

While interacting with shareholders of Kigali Heights after inauguration, President Kagame said:

“Government's responsibility is to ensure everyone can do business fairly and thrive. When you succeed, we succeed. That is why business is government's business. This project is following through on what the struggle was about, a developed and prosperous nation. Thank you to the team that has made this beautiful project materialise. This is how transformation is achieved.”

The construction of Champion Investment Corporation complex cost the Rwandan shareholders more than Rwf20 billion while Kigali Heights cost over $40 million.




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