{"id":9656,"date":"2023-08-13T15:54:35","date_gmt":"2023-08-13T15:54:35","guid":{"rendered":"https:\/\/ugandaupdatenews.com\/?p=9656"},"modified":"2023-08-13T15:54:40","modified_gmt":"2023-08-13T15:54:40","slug":"president-museveni-commits-to-support-kiira-motors-in-the-wider-knowledge-based-economy-as-he-meets-ugandan-scientists","status":"publish","type":"post","link":"https:\/\/prowebinhost.com\/anzu\/president-museveni-commits-to-support-kiira-motors-in-the-wider-knowledge-based-economy-as-he-meets-ugandan-scientists\/","title":{"rendered":"PRESIDENT MUSEVENI COMMITS TO SUPPORT KIIRA MOTORS IN THE WIDER KNOWLEDGE-BASED ECONOMY AS HE MEETS UGANDAN SCIENTISTS"},"content":{"rendered":"\n<p>President Museveni has once again assured Ugandan scientists that the government\u2019s commitment to invest in innovations and products that will give the country a competitive edge in the global economy .<\/p>\n\n\n\n<p>\u201cNow, we have already spent on social services, education, and health. That is how our population has grown and that is how we have been able to get people like you (scientists).<\/p>\n\n\n\n<p>On social services, even if we keep where we are, then add on some elements of infrastructure, especially electricity, roads, and railways. Then agriculture and this new economy of knowledge,\u201d Museveni stated.<\/p>\n\n\n\n<p>\u201cFor the new economy, Kiira Motors needs Shs524bn so they can produce 5,000 buses a year, for the modernized banana industry, we now need Shs45bn, for the vaccines- Shs25bn, for anti-ticks we need shs13bn and Prof. Ogwang needs Shs11bn.<\/p>\n\n\n\n<p>This is not more than Shs700bn. Here, we should not waste time, we should start on this new capacity that will give us a new base of development,\u201d he added.<\/p>\n\n\n\n<p>President Yoweri Kaguta Museveni was meeting Ugandan scientists led by the STI Minister Dr. Monica Musebero at State House Entebbe.<\/p>\n\n\n\n<p>During the meeting President Museveni and the scientists discussed the best pathways to adopt in order to &nbsp;promote local science projects that would lead to socio-economic transformation of the country.<\/p>\n\n\n\n<p>&nbsp;Minister of Science, Technology, and Innovation, Dr. Monica Musenero informed the President that there\u2019s a need to fast-track the implementation of Pathfinder projects because they have a positive impact on the country\u2019s economy.<\/p>\n\n\n\n<p>\u201cYour Excellency, we need to complete and functionalize the vital infrastructure because the operationalization of science has a big impact on the economy.<\/p>\n\n\n\n<p>It has been growing but there were gaps in the infrastructure. We also need to have an adequate innovation fund because it keeps the fire of innovation in the community burning hence the new ideas that enable us to develop,\u201d Dr. Musenero said.<\/p>\n\n\n\n<p>The Minister further told the President that as scientists they need to have a conducive, coordinated, and regulatory environment that would help them innovate and fully market their products.<\/p>\n\n\n\n<p>The Pathfinder projects include among others, the Kiira Motors Corporation (KMC) and Prof. Florence Muranga\u2019s Presidential Initiative on Banana Industrial Development (PIBID).<\/p>\n\n\n\n<p>Dr. Musenero noted that these projects have paved the way for the development of science, technology, and innovation in the country. She added that they have also helped them to develop the basic human resource that understands how science is applied.<\/p>\n\n\n\n<p>\u201cKiira Motors seeks to lead Uganda to become a net source and no longer just a consumer for E-mobility.<\/p>\n\n\n\n<p>It also seeks to create an incentive innovation that will enable us to develop the automotive value chain in the country by providing off-take and prioritizing electric vehicles to mass transit, especially at this point when the world is talking about the energy transition from petroleum to electric.<\/p>\n\n\n\n<p>It is very strategic, and it gives a country a head-start in our region and the continent at large,\u201d she added.<\/p>\n\n\n\n<p>We are using USD 620 million to import largely used vehicles. So KMC will help us to reduce this import bill by locally manufacturing environmentally friendly vehicles and we are beginning by prioritising mass transit solutions.\u201d<\/p>\n\n\n\n<p>On the other hand, she explained that the knowledge-based economy will partly help Uganda to promote import substitution and export potential.<\/p>\n\n\n\n<p><strong>Editor:msserwanga@gmail.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Museveni has once again assured Ugandan scientists that the government\u2019s commitment to invest in innovations and products that will<\/p>\n","protected":false},"author":1,"featured_media":9657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[168],"tags":[],"class_list":["post-9656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-development"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/OIF.jpeg","jetpack-related-posts":[{"id":4513,"url":"https:\/\/prowebinhost.com\/anzu\/president-museveni-has-called-upon-ugandan-scientists-to-innovate-for-import-substitution-and-export-promotion\/","url_meta":{"origin":9656,"position":0},"title":"PRESIDENT MUSEVENI HAS CALLED UPON UGANDAN SCIENTISTS TO INNOVATE FOR IMPORT SUBSTITUTION AND EXPORT PROMOTION","author":"MOSES SSERWANGA","date":"November 11, 2021","format":false,"excerpt":"By\u00a0 Moses Sserwanga President\u00a0 Yoweri Museveni has called upon Uganda Scientists to use innovation to support the country\u2019s\u00a0 import substitution and export promotion- drive \u00a0through value addition .\u00a0 Gen. Museveni was officiating at a colourful \u00a0event celebrate to mark the World Science Day for Peace and Development held at Kololo\u2026","rel":"","context":"In &quot;National News&quot;","block_context":{"text":"National News","link":"https:\/\/prowebinhost.com\/anzu\/category\/national-news\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/11\/IMG-20211110-WA0212.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/11\/IMG-20211110-WA0212.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/11\/IMG-20211110-WA0212.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2021\/11\/IMG-20211110-WA0212.jpg 2x"},"classes":[]},{"id":1681,"url":"https:\/\/prowebinhost.com\/anzu\/museveni-endorsed-for-2021-presidential-elections-says-uganda-will-phase-out-importation-of-buses\/","url_meta":{"origin":9656,"position":1},"title":"MUSEVENI ENDORSED FOR 2021 PRESIDENTIAL ELECTIONS SAYS UGANDA WILL PHASE OUT IMPORTATION OF BUSES","author":"MOSES SSERWANGA","date":"August 19, 2020","format":false,"excerpt":"By Our Special Correspondent Uganda will\u00a0 no-longer\u00a0 import fully built buses in a bold move to bolster the country\u2019s nascent automotive industry , \u00a0\u00a0President Yoweri Museveni has announced. While launching the 3-day National Resistance Movement (NRM) National Executive Committee (NEC) and delegates - virtual conference at State House in Entebbe,\u2026","rel":"","context":"In &quot;Party Politics&quot;","block_context":{"text":"Party Politics","link":"https:\/\/prowebinhost.com\/anzu\/category\/party-politics\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2020\/08\/m7-update.jpg 2x"},"classes":[]},{"id":3212,"url":"https:\/\/prowebinhost.com\/anzu\/kiira-motors-board-of-directors-inaugurated-by-minister-dr-elioda-tumwesigye-to-make-mission-vehicles-made-in-uganda-a-viable-successful-business\/","url_meta":{"origin":9656,"position":2},"title":"KIIRA MOTORS 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Uganda\u2019s automaker Kiira Motors Corporation (KMC). \u201c If you make electric buses , the government will buy them\u2026","rel":"","context":"In &quot;Automotive industry&quot;","block_context":{"text":"Automotive industry","link":"https:\/\/prowebinhost.com\/anzu\/category\/automotive-industry\/"},"img":{"alt_text":"","src":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/muse.jpeg","width":350,"height":200,"srcset":"https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/muse.jpeg 1x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/muse.jpeg 1.5x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/muse.jpeg 2x, https:\/\/prowebinhost.com\/anzu\/wp-content\/uploads\/2023\/08\/muse.jpeg 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