STI Enterprises, Corporations & Investments

By design, STI interventions result into commercialization vessels for various products in the industrial value chain, and while some may be purely private sector owned, there is also room for government having joint ventures with private investor, or even owning these business entities. Currently the Government of Uganda owns:

Presidential Initiative for Banana Industrial Development (PIBID):

PIBID was established to commercialize value added banana products for export promotion. The Project is transitioning into a commercial enterprise owned by Government.

Kiira Motors Corporation (KMC):

KMC is a Mobility Enterprise fully owned by the Government of Uganda. The Corporation was established to champion value addition in the nascent Mobility Industry in Uganda through Tech-Transfer, Contract Manufacturing and Supply Chain Localization. The corporation’s core business is to develop, make and sell Sustainable Mobility Solutions in Africa. KMCs value proposition is premised on creating a scalable and sustainable mobility industrial value chain in Uganda with capacity to produce over 500,000 vehicles annually, with 65% localization by 2030.

Functions:
  • Substitute imported Mobility Solutions;
  • Lead the E-Mobility Revolution and Decarbonization of Mobility in East Africa through the Introduction of an African-Built Electric Vehicle Platform;
  • Catalyze Investment in the Mobility Industrial Value Chain for Supply Chain Localization;
  • Incubate Mobility Innovators;
  • Build Human Capital for the Mobility Industry; and
  • Spearhead the establishment of the Mobility Industrial and Technology Park