Approval Date | 30 Mar 2021 |
Signature Date | 22 Mar 2022 |
Sovereign / Non-Sovereign | Non Sovereign |
Sector | Industry, Minning & Quarrying |
DAC Sector Code | 32110 |
Environmental Category | 3 |
Commitment | U.A 409,134.87 |
Status | Implementation |
Enhancing the Quality of Industrial Policy (EQuIP) in Rwanda is designed to contribute towards a more inclusive and sustainable economic growth. The project will create a business enabling environment for the growth and expansion of businesses that will contribute to higher value addition, exports and employment generation in the economy. The project will respond directly to these needs by (i) enhancing the analytical capacity of key Government agencies such as the Ministry of Trade and industry (MINICOM), the Rwanda Development Board (RDB) Ministry of Finance and Economic Planning (MINECOFIN) and to establish an industrial intelligence unit; (ii) increasing public-private coordination to improve the quality of industrial and private sector oriented policies; (iii) building capacity within the Government and private sector to implement, monitor and evaluate the industrial development strategies and policies. Project Main Components are: 1) Institutional capacity building to generate industrial intelligence and strategic analysis and establishment of an Industrial Intelligence Unit within the Rwanda Development Board (RDB) 2) Improving public- private sector coordination through an action oriented dialogue and identification of priority upstream reforms 3) Strengthening the policy implementation capacity and process with upgraded and a priority action plan, regulatory and legal framework & M&E system.
The goal of the project is to contribute towards a more inclusive and sustainable economic growth in Rwanda through more effective implementation of industrial policy interventions that stimulate private sector growth. The specific objectives are to (i) enhance the analytical capacity of key Government agencies such as the Ministry of Trade and industry (MINICOM), the Rwanda Development Board (RDB) Ministry of Finance and Economic Planning (MINECOFIN) and to establish an industrial intelligence unit; (ii) to increase public-private coordination to improve the quality of industrial and private sector oriented policies; (iii) to build capacity within the Government and private sector to implement, monitor and evaluate the industrial development strategies and policies.
The ultimate beneficiaries are businesses in Rwanda who will benefit from a better business environment and support system as well as the citizens of the country who will benefit from more and better job opportunities and higher incomes.
Implementing
MINISTERE DU COMMERCE,DE L'INDUSTRIE ET DES COOPERATIVES
|
Implementing
Rwanda Development Board (RDB)
|
Funding
Fund for African Private Sector Assistance
|
IATI identifier | 46002-P-RW-BG0-002 |
Last Update | 25 Mar 2023 |
Name | Olivier Georges STOULLIG |
o.stoullig@afdb.org |