Kenya-Economy-Business

Kenya: Kenyatta, Macron unveil locally assembled Peugeot car

APA-Nairobi (Kenya)

President Uhuru Kenyatta and French President Emmanuel Macron on Wednesday unveiled the Peugeot 3008, one of the models locally assembled in Kenya by French vehicle manufacturer, PSA Groupe, in a move geared towards boosting Kenya’s manufacturing sector.

Addressing  the press  in Nairobi, after unveiling the new model of Peugeot,  Kenyatta reiterated his call on all state entities to buy and use  locally assembled vehicles and spare parts.


“This  policy directive is intended to promote our agenda on manufacturing,  creating good jobs for our people, and enhancing technology transfer.


“As  part of our agenda to promote manufacturing, my administration is  prioritizing motor vehicle assembly and manufacturing of spare parts,”  President Kenyatta pointed out, saying that was the reason why the PSA  Groupe, the second largest car manufacturer in Europe, was encouraged to  set up their assembly plant in Kenya.


 Kenyatta  noted that the Peugeot 3008 is a high-performance vehicle with great  fuel consumption and lowest emission in its class.


“It is also a hardy vehicle, having been tested in several parts of Kenya,”  Kenyatta said.


The  assembling of Peugeot 3008 SUV commenced in September 2017. Two  additional models, the Peugeot 2008 SUV and Peugeot 308SW, are envisaged  to commence in April and September 2019.


By  the end of this year, the PSA Groupe is expected to assemble at least  1,000 vehicles in Kenya, up from the current 480 vehicles.


 Kenyatta  said it was encouraging to note that when the KVM plant is fully  operational, the PSA Groupe hopes to assemble at least 15,000 vehicles  annually in Kenya for both the local and regional markets.


President  Macron assured that France is committed to working together with Kenya  in several areas of mutual interest among them trade, investment,  infrastructure, security and counter terrorism activities.


“We  work very well together but we want to increase the cooperation with  Kenya and the region from a security and defense point of view,”  President Macron said


“We  do believe that our companies and our investors can be part of the  growth strategy of your country by providing not just cars but  employment in your country for your people,” President Macron added.


Kenyatta praised the historic visit by President Macron, the first to Kenya by a French President.


“Mr.  President, your visit signals our shared commitment to foster our  bilateral relations and engagements within the region in various ways  which will deepen, expand and strengthen our bonds of friendship and  cooperation for the mutual benefit of our peoples,” Kenyatta said.


The  Kenyan leader observed that France continued to be one of the most  important contributors to Kenya’s tourism sector and expressed optimism  that the visit by President Macron will help increase the number of  French tourists visiting Kenya.


President  Macron is accompanied on his two-day state visit by a large group of  businessmen and investors who will be meeting with some of the key  government agencies and the private sector players in Kenya to explore  opportunities for investment.


“This  is good for Kenya and for our development. Today, France is our 17th  largest trading partner; my expectation is that France will grow into an  even more important trading partner for Kenya as a result of this  visit,” Kenyatta said.


Earlier,  President Macron was accorded an elaborate state reception complete  with a 21-gun salute when he arrived at State House, Nairobi, on the  historic visit geared towards boosting Kenya-France cooperation.



Thereafter,  President Macron inspected a colourful guard of honour mounted by a  detachment of the Kenya Army before joining President Kenyatta for a  tête-à-tête that was followed by bilateral talks.


The  bilateral talks culminated in the signing of the Partnership Agreement  on Promotion and Exchange of Skills and Talents, and the Agreement on  the Roadmap on University, Innovation, Research and Professional  Training.


Other two  instruments signed were the Statement of Intent for French Development  Agency (ADF) support in the education sector and the Statement of Intent  to pursue an MOU concerning development of strategic infrastructure  priority projects in Kenya.


 


JK/abj/APA

React to this article