Top
image credit: Pixabay

Uganda to start new vehicle production by June 2022

KAMPALA (Reuters) – Uganda is aiming to start assembling new vehicles by June 2022, with an initial production capacity of 5,000 units per year, a top official of the state-owned Kiira Motors Corporation (KMC) told Reuters on Monday.

The East African country joins other regional countries including Rwanda and Kenya that are at various stages of developing domestic auto industries to meet growing demand for new vehicles. Last year German carmaker Volkswagen (VOWG_p.DE) launched Rwanda’s first locally assembled car at its new factory in Kigali, with Europe’s biggest carmaker hoping to tap into an expected expansion in demand for ride-sharing in the region.

Read More on Reuters