Market News

Leading motorcycle companies join hands to form the Motorcycle Assemblers Association of Kenya

BY · May 6, 2015 09:05 am

Twenty one Motorcycles companies have partnered to launch the Motorcycle Assemblers Association of Kenya Limited (MAAK).

The Assemblers’ Association will serve as a collective voice of its members, safeguard justified rights of motorcycle Assemblers, promote safe and lawful Motorcycle Culture in Kenya and play its part in economic development of Kenya through increased Employment and Revenue generation.

MAAK aims to provide an open forum for the free exchange of ideas in which interested motorcycle Manufacturers and Exporters may identify, discuss and pursue common interests related to their commercial activities in the country.

The Assemblers’ Association will also offer guidance to members on various government policies with respect to business, banking, taxation, record keeping, and technical aspects of their products especially maintaining and improving the quality in line with economy so as to meet the competition and keep up with international standard requirements.

Deputy Police IG Grace Kaindi, Director NTSA Francis Meja and Motorcycle Assemblers Association of Kenya (MAAK) Dr. Isaac Kalua during the launch of the Assemblers Association at a Nairobi hotel

Dr. Isaac Kalua who has been appointed as the Chairman of the Association noted that MAAK is looking to use Kenya as the launching pad for its business growth into the regional common market, reaffirming Nairobi’s position as East Africa’s economic hub.

“Motorcycle Assemblers Association of Kenya will offer an excellent opportunity for the Kenya’s Motorcycle Industry to market their products in Kenya, develop effective coordination among its members in order to achieve high standard of cooperation in technical, management and other relevant matters pertaining to their business and will engage with Government agencies especially with NTSA to create awareness on safety among the motorcycle user” said Dr. Kalua.

From 2007 to date, the motorcycle industry has seen tremendous growth, from about 16, 000 units to over 100,000 units.

The Association is planning to unveil a 10 years road map that will sustain the market growth and deliver on customers’ expectations. Through this, the Association plans to work with key Stakeholders to assemble 35 per cent of motorcycle parts in Kenya starting to capture the growing demand for bikes in the country. MAAK also plans to work closely with the National Transport and Safety Authority (NTSA) and other government agencies to increase safety awareness and other safety initiatives to make motorcycle riding a safer and viable option.

The motorcycle industry continues to be one of the promising sectors, with a huge contribution to the country’s economy. Last year alone, the industry contributed over Sh.2.2 billion in form of direct taxes only. Through its assembly plants and distribution network, the industry also continues to offer employment opportunities to over 100,000 Kenyans as per its planned road map. Motorbikes, especially those plying the trade popularly known as ‘boda boda’, have become an important feature in Kenya’s transport sector, most importantly creating jobs to many Kenyan youths especially in the rural areas.

Currently on average 8 million people are riding these boda boda’s every day in Kenya. The boda boda’s sector generates on average KSH 400,000,000 a day, this gives an indication of the contribution the boda boda sector makes in Kenya’s economic and social landscape.

Trending Stories

Government and Policy In Two Years of President Ibrahim Traoré: The Renaissance Of Burkina Faso And The Dawn Of An African Awakening Steve Biko Wafula

Lifestyle 20X Entrepreneur Launches ‘Chanuka, Jipange Na Opportunities’ Initiative To Empower Kenya’s Informal Sector Soko Directory Team

Entrepreneur's Corner Looking For A Job? NCBA Has Multiple Offers For You. Apply Now Soko Directory Team

Investment Make Big Moves With Affordable And Flexible Loans Soko Directory Team

Lifestyle MediPal Medical Suppliers Launches The Sale Of Point-Of-Care Ultrasound Soko Directory Team

Market News Africa And Kenya Positioned For Economic Resilience And Growth in 2025 – Report Soko Directory Team

Market News 50% Of Kenyan Gen Z Eat Cereal As Snacks Soko Directory Team

Market News Kenyans Bought More Standalone Units In 2024 Than Any Other Year Soko Directory Team

Market News Nairobi Satellite Towns Land Prices In Slowest Growth In 18 Months Soko Directory Team

Market News Land Invasion And Grabbing In Large Scale Tea Producer Estates Intensifies In Kenya Soko Directory Team

Explore Soko Directory

Banking Blogging Commodity Watch Did you know Entertainment Entrepreneur's Corner Feature Government and Policy Headlines Investment Lifestyle Market News Money Opinion Press Releases Stock Watch Technology

Soko Directory Archives

January 2025 (80)

March 2014 (2)

March 2013 (10)
June 2013 (1)