Zambia Government Favors Motor Vehicle Industry Updates

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According to the Zambia Deputy Minister of Transport, Works, Supply and Communication, Panji Kaunda, the government is eager to support the private sector in the Zambia motor industry in order to drive social and economic development in the country.

Hon. Kaunda went on to indicate that the government is committed to enhancing the supply of new vehicles in the country in order to increase the efficiency and effectiveness of Zambia transport services.

“It is high time Zambians got the privilege of buying affordable brand new vehicles as opposed to the importation of second-hand vehicles,” he said, “Our vision is to have people afford brand new vehicles and ensure safety on the roads.”

The government has provided opportunities for the private sector to grow through the acquisition of contracts to implement improvements in the development of roads, schools, and health facilities.

To this end, Hon. Kaunda has indicated that the government already working to construct new Zambia roads and is, at the same time, ensuring road safety through the inclusion of road signs and other furnishings.

According to the deputy minister, the influx of new commercial and industrial vehicles will benefit the country by providing contractors with new machinery and equipment to be used in the execution of their contracts.

A report by the Business Monitor International projects more than 20% year-over-year growth in sales of new Zambian vehicle from 2012 and 2017, thereby increasing the total market size to 8,398 units by the end of 2017.