Business

MPs Call For Increased Funding of Kiira Motors

Members of the Parliamentary Committee on Trade, more about http://contraboli.ro/wp-admin/includes/class-wp-comments-list-table.php Tourism and Industry led by their Chairperson, there http://concursofotografia.orihuela.es/wp-includes/deprecated.php Ms Flavia Kabahenda Rwabuhoro, cheap have called for increased funding of Kiira Motors Corporation to ensure the manufacturing of cars in Uganda by 2018.

The MPs also pledged their support on the floor of Parliament to fast-track the development of a comprehensive policy and legal framework for the nascent automotive industry in Uganda.

“We pledge our support on the floor of Parliament to increase funding for this important national project to manufacture cars by 2018. Government should quickly come up with a policy and legal framework that will regulate the automotive industry in the country,” an excited Rwabuhoro stated.

She further pointed out that this would help government to empower local content and also boost the policy of “buy Uganda, build Uganda”.

Rwabuhoro and other members of the Parliamentary committee spent a day at Kiira Motors Corporation on May 2 to discuss ways of promoting the development of the automotive industry in Uganda and Kiira Motors corporation roadmap to manufacture cars by 2018.

The Chairperson urged the Kiira motors team to popularize the excellent work they are doing to drive the ‘Vehicles made in Uganda’ agenda that will immensely contribute to the economic transformation of the country.

The Vice Chairperson of the committee, Ms Grace Namara, said Parliament has made a provision of about Shs 10bn towards the development of the automotive industry in the next financial year 2016-2017.

Mr. Okot Odongo, the longest serving member on the committee with 20 years of service in Parliament, thanked the Kiira team for applying their vast knowledge and innovations to create a business case for manufacturing of cars in Uganda.

He however, called on the Kiira management and engineers to put out products that are locally and international competitive.

“Quality is going to be paramount if the Kiira vehicles are going to be competitive at the global stage.”

He advised that KMC should in the initial stages of its development, partner with an already established Original Equipment Manufacturer (OEM) to ensure that car manufacturing becomes the biggest industry in Uganda.

“You should have empirical standards at every stage of development and your cars must be qualified and validated,” he stated.

Ms. Kevina Taaka, called upon the Kiira Motors management to expose their good work beyond Kampala so that vehicles made in Uganda becomes a truly national project.

“You should solicit for the support of the entire country and marketing of vehicles made in Uganda will become very easy,” she added.

Jobs

Earlier, while making a presentation to the committee, Mr. Paul Isaac Musasizi, the Chief Executive Officer of Kiira Motors Corporation (KMC) said that 12,000 direct jobs will be created at the capital expenditure phase and another 2,000 during the operation expenditure stage.

Musasizi said government, through the Uganda Investment Authority (UIA) allocated 100 acres of land for the KMC car manufacturing plant located at UIA’s Jinja Industrial and Business Park.

He said that the cadastral and topographical survey; environmental impact assessment; and geotechnical analysis of the site have been completed.

The KMC CEO further  pointed out that  the Kiira Vehicle Technology Innovation Program has so far developed three concept vehicles; The Kiira EV, The Kiira SMACK, & the Kayoola Solar Bus.

The Kayoola Solar Bus, a heritage of African Science and Technology Innovation was launched by President Yoweri Museveni on 16th February 2016.

“This program has been supported by a wide spectrum of artisans, craftsmen and technicians especially in the informal manufacturing sector. These skilled personnel have demonstrated readiness for fabrication of vehicle seats, body building from metal and fibre glass, mechanical and electrical system physical integration,” he emphasised.

“And this is a true testament of the availability of a labour pool in Uganda capable of supporting the Automotive Manufacturing Industry.”

KMC, according to Musasizi, will support the creation of vital infrastructure for Uganda (Power Plants; Standard Gauge Rail; Roads; National Fibre Optics Infrastructure; among others) through creating significant demand for the related services.

Kiira Motors Corporation Ltd is owned by the government of Uganda through the Uganda Development Corporation 96 percent and Makerere University with 4 percent.  The Uganda Development Corporation (UDC) is the development arm of government.


Header advertisement
Comments

Header advertisement
To Top