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China’s Chuang’s Group Targets Rwanda’s Industrial Frontier

China’s Chuang’s Group Targets Rwanda’s Industrial Frontier

By Cremilda Macuácua, China Africa News
Kigali, Jan. 8,2026 — A Chinese business delegation led by Mr. Zhang Jinbin, Chairman of Chuang’s Group (Hong Kong), is currently in Kigali, Rwanda, exploring investment opportunities and deepening economic ties between China and Rwanda.

The delegation held discussions with senior Rwandan officials, including Rwanda’s Ambassador to China, James Kimonyo, and Juliana K. Muganza, Deputy CEO of the Rwanda Development Board, in a meeting focused on identifying viable investment prospects across sectors, with manufacturing as a priority. In an official release, Rwanda Development Board (RDB) confirmed that the talks were centered on expanding cooperation and attracting new foreign direct investment into the country’s evolving economy.

chinese delegation in Kigali

Rwanda has in recent years positioned itself as one of Africa’s most attractive destinations for investors, boasting a business-friendly regulatory environment, streamlined procedures for company registration and permits, and a strategic location within the East African Community that offers access to a regional market of millions of consumers. These efforts have helped Rwanda record over $3.2 billion in investment commitments in 2024, with manufacturing leading all sectors by attracting significant capital, followed by financial services and real estate. China was among the top sources of foreign investment for Rwanda last year, underscoring the depth of ongoing bilateral economic engagement.

Manufacturing remains a cornerstone of Rwanda’s industrialization strategy, with government policy emphasizing value addition, job creation and integration into regional and global supply chains. The Kigali meeting with the Chuang’s Group delegation aligns with these national priorities. In recent years Chinese firms have participated in Rwanda’s industrial landscape, including large-scale manufacturing ventures such as a Chinese-invested cement factory in the country’s Southern Province that contributes to local infrastructure and job creation.

Chuang’s Group itself is a long-established diversified Hong Kong-based investment holding entity with a presence in property development, hotel operations and management, manufacturing and trading of goods, securities investment and financing services, among other businesses across Asia and beyond.

Juliana K. Muganza
Juliana K. Muganza, Deputy CEO of the Rwanda Development Board.

The encounter in Kigali is part of a wider push by Rwanda and its diplomatic mission in China to showcase investment opportunities and foster robust Sino-Rwandan economic collaboration. Last year’s first China-Rwanda business-to-business event in Kigali brought together dozens of companies from both countries to promote trade, identify partnership opportunities and exchange insights on market entry. These platforms are designed to facilitate meaningful collaboration between private and public sectors, building on the Comprehensive Strategic Partnership recently elevated between the two nations.

Rwanda’s strategic initiatives to attract investors including tax incentives, efficient regulatory processes and dedicated support services through the Rwanda Development Board have helped create a reputation for ease of doing business that continues to draw interest from Chinese enterprises and other global investors. As discussions with the Chuang’s Group delegation progress, officials and business leaders on both sides are expected to further explore specific investment proposals that could contribute to Rwanda’s economic growth, employment prospects and regional trade integration.

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