Blog Archive

Thursday, September 07, 2006

EADB support Importers over Local Assemblers

I am disappointed that the Local Assemblers are getting the short end of the stick!

Instead of incentives to Local Assemblers;
  • Improved infrastructure - roads, reliable electric supplies
  • Export-friendly procedures e.g. prompt VAT & customs refunds
  • Increased security
  • Zero-tax on local assembled cars
  • Training credits for employees
the government is supporting thru the EADB, a facility that will flood the local market with imported cars, many which are ill-suited to our roads!

The Local Assembly plants provide jobs to more Kenyans that an importer esp in the ancillary industries e.g. radiator, shocks, etc manufacturers.

No comments: