In accordance with the Traffic and Road Safety ACT of 1998, the CRTT and the Insurance Company of East Africa (ICEA) have partnered to provide a one-year premium comprehensive insurance cover for theKiira EV valued at 4.6 Million Uganda Shillings.
The ceremony was held on Wednesday, January 25, 2012 at 10am at the College of Engineering, Design, Art and Technology Makerere University.
The Chief Executive Officer of Insurance Company of East Africa (ICEA), Mr John N. Karionji, was around to hand over the insurance package on behalf of ICEA. While speaking to Journalists, he said that ICEA was very happy to partner with the Vehicle design project and assured the University that the company is willing to support the project for as long as it takes. He also mentioned that when the CRTT team sets off for their next undertaking, the 28-seater solar powered bus, The Insurance Company of East Africa will be standing behind them as well.
The comprehensive insurance that is being offered by ICEA covers any eventuality that may occur; in case of a fire, burglary or accident, ICEA will cover the whole amount. Mr Karionji said that the reason ICEA has paid for the Kiira EV‘s insurance is because ICEA believes in the project and the potential of the Makerere University Students. He continued to appeal to other Corporates to come out and give sponsorship so that such projects may become a reality.
The KIIRA Electric Vehicle (Kiira EV) is a brain child of the Makerere University Centre for Research in Transportation Technologies (CRTT) – TheKiira EV was designed and built by staff and students of Makerere University, belonging to the College of Engineering, Design, Art and Technology. The Centre was established in 2009, to champion Research and Development of eco-friendly transportation solutions for Uganda in particular, and Africa at large. The Centre is leading the way with technological interventions aimed at enhancing environmental stewardship and transportation sustainability. As a proof-of-concept, the CRTT formulated a Research and Development agenda to design and build a 2-seater Electric Vehicle to demonstrate that Makerere University has the talent and discipline to contribute meaningfully toward the development of high-tech Transportation Solutions.
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