Demand for locally built vehicles rise



People Daily | by Steve Umidha


Demand for locally-assembled vehicles is expected to soar owing to improved incentives by the government, going by the budget for the financial year (FY) 2021/22.

In his Thursday budget speech, Treasury Cabinet Secretary Ukur Yatani said the government would sustain its offer on various tax incentives to support local assembly of motor vehicles and motor cycles following the approval of 30 dealers in the last five years.

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