Uncertainty as funding gaps for Kiira project widen

The prototype of Kiira Motors green mobility solution at Nakasongola Air Base. PHOTO | FILE | NATION MEDIA GROUP

Timelines for the delivery of the assembly line for Uganda’s Kiira Motors Corporation have become uncertain, with the funding gap now projected to widen to $13.5 million by July 2020.

Now at the midway point, the project that is supposed to see the building and commissioning of a 22,000-square-metre assembly shop in June 2021, has already posted a $7.3 million shortfall in disbursements relative to the budget.