Volkswagen (VW) has officially rolled out to the market its first car assembled on Rwanda territory to flag off operations in the country.
This sleek event for the launch of Volkswagen Mobility Solutions Rwanda located in the Special Economic Zone, was attended by President Paul Kagame.
With this progress, the German car maker Volkswagen (VW) becomes the first international automobile company to invest in Rwanda.
The Car maker says it was attracted to Rwanda because of; Political Stability, Zero tolerance on corruption, Leading in the technology market, Need for Mobility solutions and being an ICT hub.
Rwanda has a population of approximately 12 million people that is quickly adjusting to high-tech livelihood which Volkswagen says is very crucial for its latest brand and business model.
The car maker assembling plant will be producing three vehicle models for local sale and use in a new ride-sharing service.
Models assembled in Rwanda include the Hatchback Polo, the Passat and possibly the Teramont, a large sports utility vehicle.
“We are trying to break this thought-pattern that Africa is poor; they can’t afford (new) cars,” Thomas Schaefer, chief executive of Volkswagen Group South Africa, said.
Kagame said, “Africa does not need to be a dumping place for second hand vehicles or second hand for anything”.
Volkswagen says 500-1,000 jobs would be created in its first phase of investment, including the drivers of the first batch of cars for the ride-hailing service.