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Horizon Group's Eugene Haguma on expansion plans
Horizon Group, an investment company in Rwanda has three pivotal sectors under its belt; construction, agriculture, and logistics. CNBC Africa spoke to the CEO Eugene Haguma and also YPO member, for a look into the business, and their upcoming project, the Cactus Green Park neighbourhood, aimed at enhancing Rwanda’s ability to develop climate-friendly housing infrastructure. Horizon Group invested Rwf 46,364,775 into the project.
Tue, 14 Feb 2017 14:30:16 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Horizon Group's diverse portfolio spans infrastructure, agriculture, and services, with a significant focus on construction investments.
- The company is driving sustainability efforts through projects like the Cactus Green Park neighborhood, aimed at revolutionizing housing infrastructure.
- Horizon Group's strategic initiatives include revitalizing the Parisian industry, promoting renewable resources, and considering future entry into the retail market and potential IPO.
Horizon Group, an investment company based in Rwanda, is making waves in the construction, agriculture, and logistics sectors. The company, under the leadership of CEO Eugene Haguma, is at the forefront of Rwanda's economic development. With a focus on sustainability and innovation, Horizon Group is set to launch a groundbreaking project, the Cactus Green Park neighborhood, aimed at revolutionizing Rwanda's housing infrastructure to be more environmentally friendly. The company has invested a substantial amount of Rwf 46,364,775 into this project, signaling its commitment to sustainable urban development.
Horizon Group's CEO, Eugene Haguma, shared insights into the company's expansive portfolio during a recent interview. The company's primary focus is on infrastructure, agriculture, and services, with significant investments in construction being the cornerstone of their operations. Haguma highlighted the company's substantial growth in the construction industry, with millions of dollars being poured into acquiring new machinery and properties. Despite economic challenges, Horizon Group remains optimistic about their prospects, citing a sizable order book and numerous upcoming projects in the pipeline.
One of the key initiatives discussed was Horizon Group's involvement in the Parisian industry, where the company has aimed to revive and enhance production. Haguma explained the efforts undertaken to modernize the factory, streamline operations, and improve the quality of Parisian pear extract. While the industry may not have garnered much attention locally in the past, Horizon Group's revitalization efforts are now gaining recognition on a global scale.
Another pivotal area of focus for Horizon Group is sustainability, particularly in the context of the Green Fund. The company has conducted feasibility studies and invested significant resources in promoting renewable sources and sustainable practices across various sectors. The ambitious Cactus Green Park project exemplifies Horizon Group's commitment to building eco-friendly communities that prioritize resource management, environmental conservation, and social integration.
Looking ahead, Haguma hinted at potential future plans for Horizon Group to enter the retail market and consider an initial public offering (IPO). While such strategies are in the pipeline, the company is taking a deliberate approach, focusing on gradual expansion and market readiness. With a vision for continued growth and sustainability, Horizon Group is poised to make a lasting impact on Rwanda's economic landscape.
In conclusion, Horizon Group's Eugene Haguma's visionary leadership and strategic initiatives underscore the company's dedication to driving innovation, sustainability, and economic development in Rwanda. As the company continues to expand its presence and undertake transformative projects, it remains a key player in shaping Rwanda's future.
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