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Millions of vehicles snake their way on our roads daily as Kenyans travel to and from work. As much as this fuels the never-ending traffic jams, it also signifies immense opportunity in Kenya's automotive sector.
According to the National Safety and Transport Authority (NTSA) by end of August 2022, Kenya had 4,382,335 registered vehicles of which 2,782,102 are motorcycles. The difference includes personal vehicles, tractors, heavy machinery, trailers, commercial and three-wheelers
Obviously, most of these vehicles are imported. It is time to overhaul our automotive sector by choosing to manufacture locally. Doing so invites three overwhelming opportunities namely: job creation, strengthening the value of our local currency through increased exports and reduction on input and, diversification of Kenyan exports by expanding the automotive export basket.
Facts First
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