M a r k e t N e w s

Kenya Extends the Time Limit for Imports of Used Cars

Posted on : Monday , 1st March 2021

The Government of Kenya has extended the time limit for imports of used cars from two years to five years as it is geared towards the promotion of locally assembled vehicles. Treasury CS Ukur Yatani, on Monday, January 25, said the government would phase out second-hand cars by 2026. Car dealers had until 2023 to import second-hand vehicles under an earlier plan unveiled in 2019.

The new proposal will offer them the right to be out of business within two years. The industry is raking in approximately Ksh 60 billion a year. In the 2021 Budget Policy Statement (BPS), which was published for public participation, Yatani tabled his proposal. BPS outlines Kenya's plans for the budget of Ksh 3 trillion in 2021/22.

The CS wants the engine assembly sector to be streamlined as second-hand cars make up more than 85 per cent of the imported fully built unit (FBUs). 

"The Government, through the Ministry of Trade and Industrialization, has drawn up a National Automotive Policy to effect changes in the automotive assembly industry with the ultimate aim of phased out imports of second-hand vehicles by 2026.

"The policy aims to stimulate the growth of local car assembly, as it lays down clear measures to promote the use of locally manufactured products, local content, innovation and research," said Yatani.

CS Trade Betty Maina added that the government had set aside 600 million Ksh to purchase locally assembled or manufactured cars to boost and revive the economy crippled by the Covid-19 crisis.

On 10 December 2020, President Uhuru Kenyatta commissioned a local assembly of Proton Saga saloon cars at the Associated Vehicle Assemblers (AVA) in Miritini, Mombasa County.

He praised the developers supporting the government's agenda to revive the local vehicle assembly industry, adding that the sector would help support the creation of wealth and employment for Kenyan youth.

Local carmaker Mobius Motors also opened a new Ksh330 million manufacturing plant in Nairobi in January 2021. Mobius Chief Operating Officer Nicolas Guibert said that at least eight units would be produced daily from Mombasa Road.

Source : www.innzaf.com
Featured Companies
  • Bajaj Auto
  • Nissens A/S
  • Bajaj Auto
  • Tire Group International, LLC.
  • dubaiexporters.com
  • Steelmate - Think safety think Steelmate

Complete List  

Advertisers in previous issue:

  • Tyre makers.
  • JNBK Corporation is a trusted leading manufacturer for top quality brakes with a widest range of products covering main applications for Japan, Europe & Americas.
  • JINGZHOU JINGFU AUTO PARTS CO.,LTD , a Taiwan & Hubei joint venture, is focusing on manufacturing and supplying professional suspension parts.
  • Boston Garage Equipment Ltd is a leading suppliers of a superb range of vehicle workshop equipment.
  • Leading Dealers,Wholesalers & Retailers Specially For Nissan,Toyota & All Japanese Car Genuine Spare Parts.
  • Mobile Crushing and Screening plant
  • Cylinder heads
  • High quality spare parts for truks
  • Pensol Industries Limited has a wide range of products, both in Automotive and Industrial lubricants
  • Auto Parts
  • Changzhou Guoshi Vehicle Accessories Co.,Ltd. is proficient in vehicle spare parts manufacturing and has involved a lot of capital, time and resources to make us prominent in this industry.
  • Fuel Saver
  • Exporters of Genuine & Non Geuine Parts for Japanese Cars.
  • China Jiangsu Dongxing Auto Decorations Co.,Ltd,established in 1989,the manufacturer of cabin and body parts for truck Mercedes-Benz, Volvo,Scania,Man,Iveco,Daf and Renault.
  • Car garage equipment
  • TOMAD International, Inc. is an export management company specializing in sales and marketing within the Middle East and Africa region.
  • ANAM Motors Co., Ltd., has been expanding its areas into many markets of Auto motive Spare Parts in worldwide from the establishment year of 1998.
  • Specialized in development, design, manufacture and sale of steel wheel of the truck and trailer and bus,etc.
  • A truly global provider of quality vehicles.
  • Wheel bearing / Hub units,Water pump bearings,Deep grove ball bearings;Strut bearings;Heavy duty truck tapers;Tensioner bearings
  • Pro Media is established by a group of advertising sales people who have had over 25 years of experience in Taiwan’s two-wheeled industry.
  • Trade Exhibition
  • GARAGE 1 has been purchasing cars, trucks and jeep in order to recuperate esclusively top quality used complet engines, gearboxes and mechanicals parts.
  • Unique Part Trading L.L.C was formed in the year 1984 registered with Dubai Economic Department and Dubai Chamber of Commerce in dealing with the General Trade License to do the Commercial Activities of the Business.
  • Dealers of Honda,Yamaha,Suzuki.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2021 Afrotrade