Rwanda has made unsurmountable stridesalong its development path. Rwanda has placed among theworld’s fastest-growing economies, climbing the developmentladder from second-poorest in the world in 1994 to sit aheadof nineteen other countries.Today, job creation lies atthe heart of Rwanda’s development challenge. The governmentof Rwanda (GoR) recognizes the urgency of creating new jobs.The new thirty-year Vision for the period up to 2050, whichis currently being finalized, elaborates the country’slong-term development goals. The core of transformation forprosperity is developing high-value and competitive sectors,to transition the population and economy from subsistenceagriculture toward industry and high-skilled services. Thepurpose of the Rwanda country privates sector diagnostic(CPSD) is to identify market opportunities and constraintsin sectors that advance the country’s developmentobjectives. By assessing the landscape of private sectorinvestment in the country, the CPSD identifies specificconstraints to private sector investment and productivitygrowth, concrete opportunities that could materialize in theshort term, and the reforms that will enable thismaterialization. It then discusses how specific actions bythe public sector in collaboration with the private sectorby filling gaps in public investment, reforming regulations,and addressing market failures could unleash sectors’private investment potential.
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