Kiira Motors Corporation (KMC)
Kiira Motors Corporation (KMC) is a State Enterprise established to Champion Value Addition in the Domestic Automotive Industry for Job Creation and Diversification of the Ugandan Economy as a Key Growth Area in Line with Vision 2040. The Equity Partners are Government of the Republic of Uganda represented by the Ministry of Science, Technology and Innovation (96%) and Makerere University (4%).
The Ministry of Science, Technology and Innovation is Mandated to Establish the Governance and Management Structures of KMC and Provide Policy Guidance and Oversight to the Nascent Automotive Industry in Uganda.
Government of the Republic of Uganda is Cognisant that the Market Entry Strategy is Assembly of Vehicles and Technology Transfer with Reputable Automotive Manufacturer(s) and Progressive Enhancement of the Domestic Value Added in the Automotive Industry through exploring Sustainable Multi-Sectoral Backward, Forward and Lateral Linkages with Mineral, Agriculture, Industry, ICT, and Transport Sectors for Local Content Participation.
Government in April 2018 Approved the Roadmap for the Kiira Vehicle Plant. Government allocated 100 Acres of land at the Jinja Industrial and Business Park for the Kiira Vehicle Plant and a Seed Fund as Capitalisation for the Construction of the Kiira Vehicle Plant Start-Up Facilities; Purchase of Start –Up Plant Machinery, Equipment and Tools; and Start-Up Operational Capital.See more