Headlines
- Russian Lada cars will be manufactured in Ethiopia for the African market
- Pakistani carmaker MCML has begun exporting SUVs to Africa
- Uber launches an electric bike fleet in Kenya, a first in Africa
- USA & Kenya Govt Signs Ksh.8.7 billion deal to power electric buses
- Iran strengthens Uganda-Kenya collaboration in the automotive industry
- Ford appoints Caetano as its official distributor in Kenya
- Kenyan President Launches Toyota Fortuner Assembly Plant in Mombasa
- Kenya's President, inaugurates the largest electric motorcycle assembly plant in East Africa.
- Kenya Aims to Host More Automakers
- Russian automakers are eyeing East African assembly plants
Kenya Boosts The Automotive Sector By Increasing Vehicle Exports
According to an official, Kenya plans to enhance motor vehicle exports to the East African Community (EAC) bloc in order to bolster the automotive sector.
Due to limited domestic demand for new automobiles, George Makateto, an official with the Ministry of Industry, Trade and Enterprise Development, told journalists in Nairobi that Kenya's automotive industry had a lot of unused capacity.
Kenya, Uganda, Tanzania, Rwanda, Burundi, and South Sudan are all members of the EAC. According to government data, Kenya's domestic assembly plants are currently manufacturing around 10,000 units per year, while having a capacity of 34,000.
The EAC trade bloc, according to Makateto, is a perfect market because Kenyan commodities are not subject to import taxes when they are exported within the area.
The Kenyan official disclosed that the country's automotive policy is nearing completion, and that if adopted, it will help to boost the country's auto industry.
He claims that the automobile policy promotes the industry by preventing second-hand car imports into the country.
Posted on : 03 Dec,2023 | News Source : www,atmrabnz.com
Automart is Africa's leading directory and market news website for the automotive spare parts, automobiles and auto accessories industry | Kenya | Tanzania | Ethiopia
Exhibitions In Africa
- AUTOSPORT INTERNATIONAL SHOW 2024
National Exhibition Centre, Birmingham, United Kingdom - NORTHEAST INTERNATIONAL AUTO SHOW 2024
Rhode Island Convention Center Providence, Rhode Island, USA - GREATER MILWAUKEE AUTO SHOW 2024
Wisconsin Center, Milwaukee, WI, USA - TIRES & RUBBER 2024
Expocentr' Krasnaya Presnya Fairgrounds, Moscow, Russia
Advertisements
