Uganda To Produce 5000 Vehicles Per Month Once Kiira Motor Vehicle Plant is Completed.
Once completed, Uganda’s Kiira Motor Vehicle Plant located in the Jinja Industrial and Business Park will produce 22 vehicles a day and 5000 a month, a dream that will help Uganda save USD 450 million annually, the second highest value import bill.
A team led by the Minister for Science, Technology and Innovation, Dr. Elioda Tumwesigye together with Parliamentary committee on Science, technology and innovation made a site visit at Kiira Motor Vehicle Plant at Jinja Industrial and Business Park yesterday to assess the progress of construction.
The team established that the plant site is at 60% completion and it is expected to be complete by June 2021, at a production rate of 5000 vehicles per annum. This plant is going to be the first of its kind in the country.
According to Dr. Tumwesigye with the plant running at full capacity, Uganda will become a knowledge-based economy with innovations capable of being developed into commercialized products.
“Building the indigenous Motor Vehicle Industry has great potential to contribute towards the desired economic and social transformation,” The Minister stated.
“With the demand for motor vehicles growing at a rate of 11.8% and expected to reach 630,000 motor vehicles annually by 2030 in the EAC, the Kiira Vehicle Plant will save the country USD 450 million annually, the second highest value on Uganda’s Import bill” Tumwesigye added.
The Kiira Motors CEO, Mr. Paul Isaac Musasizi pledged that Ugandans are not only set to drive cars made in Uganda but they will be involved in the automotive value chain to boost incomes, ensure import substitution and promote the export of vehicle products in the EAC markets and beyond.
The Minister urged scientists to venture into creating innovations fit for knowledge-based economies citing that there are available markets.