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rwanda national export strategy - minicom

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Figure 5: Scoring for Priority Export Sectors<br />

Potential<br />

Export<br />

Contribution<br />

Job<br />

Creation<br />

RWANDA NATIONAL EXPORT STRATEGY<br />

Number of<br />

Existing<br />

Firms/Coops<br />

Market<br />

Attractiveness<br />

Existing<br />

Skill Base<br />

Relative to<br />

Competitors<br />

Opportunity<br />

for<br />

Differentiation<br />

Investor<br />

Prospects<br />

Weighting<br />

levels:<br />

x5 x2 x4 x2 x3 x2 x2 100<br />

Tourism 5 4.5 5 4.5 3 5 5 92<br />

Tea 5 5 3 5 5 4 4 88<br />

Coffee 5 5 3 5 5 4 3 86<br />

Mining 5 4 3 5 1 3 5 74<br />

BPO 5 4 2.5 4.5 2 2.5 5 73<br />

Horticulture 3.5 5 4 4 3 3 3 73<br />

Home Décor<br />

& Fashion<br />

2 5 5 4 2 5 2 68<br />

Dairy 3 5 2 2 4 1 3 57<br />

Hides &<br />

Skins<br />

3 3 2 3 2 2.5 3 52<br />

Floriculture 3 4 1 2 3 2 3 50<br />

Silk 2 3 2 3 3 3 2 49<br />

Pharma 4 2 1 3 1 2 3 47<br />

Scoring: 1 = Very Challenging, 2 = Somewhat Challenging, 3= Neutral, 4 = Attractive, 5= Very Attractive.<br />

There is a clear dividing line in the scores attained by sectors, with six in particular scoring 73 and above<br />

(out of 100). Whilst scoring seventh best in the rankings, Home Décor & Fashion was recognized to have<br />

strong growth potential, significant social benefits, and can support country branding. The global market<br />

for home décor and fashion is over US$250 billion annually, and in Rwanda, it is an extremely dynamic<br />

industry involving thousands of players, with several handling large <strong>export</strong> orders. As a result of this and<br />

significant stakeholder support for the sector, Home Décor & Fashion is included as a sector meriting<br />

targeted actions within the NES.<br />

4.3.1 TOURISM<br />

Rwanda‘s tourism sector has been exceeding expectations and is Rwanda‘s top foreign exchange earner.<br />

However, the industry requires ―game changer‖ activities and investments to leap frog towards becoming<br />

a truly world-class and high-demand tourism destination. Plans are being developed to add to the gorilla<br />

product, diversify into new products and experiences (cultural, conference and birding tourism), and<br />

target specific customer segments (Explorers, Eco-travellers and business travellers). In 2009, in<br />

conjunction with UNWTO, the tourism workgroup developed a new tourism master plan that sets the<br />

direction for the industry by setting revenues targets from US$186M in 2008 to US$627M by 2020. In<br />

2010 the sector recorded revenues of US$200M. Further, plans are being developed for adding additional<br />

events and conferences on a year-round basis, to attract more tourists.<br />

Rwanda‘s natural attractions need to be leveraged through investments in the potential experiences in<br />

these locations. Along with maximizing the use of Rwanda‘s natural resources, product diversification is<br />

essential to the continued growth of the tourism industry. Development of business tourism, cultural and<br />

religious tourism, and creating an events-based tourism are among the ways in which Rwanda can<br />

continue to grow its tourism revenues and meet the targets for 2020. However, customer service and<br />

associated training is required to launch Rwanda‘s tourism experience to world-class levels.<br />

Total<br />

Score<br />

(0-<br />

100)<br />

Page 30

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