East African states are moving towards an integrated automotive market through the establishment of the Regional Automotive Industry Platform of East Africa.
They hope it will serve as an incentive for global automotive manufacturers to invest in the region in both assembly and component manufacture.
At their 19th Ordinary Meeting held in Kampala in February this year, the heads of state directed the EAC Council of Ministers to explore the possibility of developing the automotive industry by reducing importation of used vehicles from outside the region and thereby make the region more competitive.
The new platform (Raipea) aims to help the region save more than $2 billion in car import costs annually.
It is expected to identify and profile vehicle types and components that can be produced or manufactured in the region for intra-EAC trade first, and then for export.