Glass Manufacturing
Project Description
PROJECT DESCRIPTION:
The Government has completed a feasibility study on glass manufacturing and findings show that Rwanda has enough raw materials for a viable glass production plant business.
Total quartz sand reserves are estimated at over 60 million tons. These reserves are sufficient for more than 700 years of production. The Internal Rate of Return (IRR) is 29.4% for container glass and 20.8% for flat glass.
PROJECT LOCATION:
Kigali-Rwanda
LEAD AGENCY/ PROJECT PROMOTER:
Rwanda Development Board
CURRENT STATUS/ STAGE OF PROJECT:
Call for expression of interest
ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACTTYPE:
It is a fully private company, although the Government of Rwanda is willing to support investors in identifying suitable land sites as well as necessary infrastructure on terms that can be discussed with the successful bidder.
AVAILABILITY OF PRE-FEASIBILITYSTUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:
Feasibility study completed
ESTIMATED COST OF THE PROJECT:
USD 100 million
PERIOD OF IMPLEMENTATION:
The container glass project investment can be expected to take 24 months and the float plant can be expected to take about 30 months to set up.
Payback period of 5 years and 3 months for container glass and 8 years and 4 months for the float glass project
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Country
Rwanda
Location (s)
Kigali
Sector
Manufacturing & Industry
Sub Sector
Glass Industry
Investment Value Range
75-100 million USD
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