SUPPLY OF AGRICULTURAL PLASTIC CRATES – VAELL/003/2023

SUBMISSIONS OF TENDER:

Complete tender documents must be enclosed in a plain sealed envelope marked with the tender number and tender name and addressed to:

Head of Procurement,

Vehicle and Equipment Leasing Limited,

P.O. Box 2157 – 20117,

Naivasha

The tender documents should be deposited in the Tender box placed at the reception at Quipbank, Buffalo Mall, Naivasha or be sent by email to procurement@vaell.com before the closing date and time; Friday, 8^th September 2023, at 5:00 PM.

VAELL reserves the right not to respond, reject and cancel any Tender application

UTU Electric Tuk-tuks arrive at the VAELL Yard at Buffalo Mall, Naivasha – Kenya.

The firm is involved in leasing and selling new solar and electric powered automobiles dubbed ‘Utu’ distributed by its partner brand: It’s Electric Limited which is a dealer of modern electric vehicles (EVs) and charging stations. This comes in as the Kenyan government seeks to introduce electric bus units for the Nairobi capital BRT system.

Installation of solar and electric vehicle charging stations

The leasing firm has already installed solar and electric vehicle charging stations in various hubs, more notably a new charging port at the Buffalo Mall in Naivasha, where the lessor is headquartered.  Naivasha is renowned worldwide as Eastern and Central Africa’s clean energy capital with renewable electricity at its peak in the region. The firm is set to install more solar and electric charging stations in various places around the country for the public convenience such as residential buildings and shopping malls.

Speaking while receiving the recent batch of electric and solar automobiles that included Saloon cars, Motorcycle and Tuk-tuks from China, the firm’s Group Head of Finance, Ms. Catherine Mutua said, “the contest against environmental pollution is of uttermost urgency and we need environmental vanguards ready to go the extra mile at this initial adoption and transition phase. As we are setting the pace and leading the way, we are planning to invest at least Kes. 2 billion in the next few years to spur the uptake of EVs especially through our asset finance programs. As we speak we have already injected Kes. 100 million in importation of the eco-friendly automobiles and some have already been shipped and are in our yards ready for uptake. In the next 36 months we are looking at having about 2,000 units of electric and solar powered automobiles here for the Kenyan market, and we will also cascade the same in other countries we operate in such as: Tanzania, Uganda, Zambia, Rwanda and DRC.”

VAELL Honored for its innovation

Due to its various innovations the firm has been honored by various awards including the Key Industry Leadership recognition program dubbed ‘Pacesetters Awards Kenya’ organized by Jubilant Stewards of Africa (JSA) which recently honored the firm for setting the pace in Electric and Solar automobiles.

Electric Vehicles are much cheaper to run based on fuel costs alone. When maintenance costs are factored in, going electric starts becoming a uniquely more attractive option, this because; brake systems tend to last longer than on conventional vehicles, and electric vehicles (EVs) have fewer fluids to change, and far fewer moving parts to maintain. As the globe grapples with climate change, carbon emissions, low-level motorization and increased congestion, Kenya is set to shift the paradigm through electric vehicles.

VAELL advocates for incentives to spur the uptake of EVs

The regional lessor VAELL has been in the forefront advocating for incentives to spur the uptake of EVs.  Earlier the firm asked the Kenyan government to evaluate the incentives offered, to encourage the use of EVs in the reduction of pollution and to help combat climate change. The Naivasha headquartered lessor suggested a 100% tax exemption for electric automobiles minimizing the price gap with conventional vehicles. These inducements apply to the local batteries and car assembly, importation and installation of EVs and their infrastructure.

With the adoption and production of electric vehicles (EVs) taking off globally due to improvements in technology and the declining cost of lithium-ion batteries, the African continent now has a better opportunity to unlock the full potential of electric mobility. Kenya is well set to become the region’s hub for electric vehicle solutions and assembly, with major online cab hailing brands in the country gearing towards EVs.

Kenya’s position as a global leader in renewable energy, its wide technological adoption, and the government’s push for electric vehicles through friendly policies are a major boost for EV uptake and early adoption. Over 70% of Kenya’s electricity comes from renewable energy today. This means in the global push to actualize electrified transit in the world, embracing electric vehicles early will be of greater impact for the country.

PRESS RELEASE, 24TH MARCH 2022

Construction firms are set to benefit as the German leading manufacturer of compact and construction machines, Wacker Neuson Proprietary Limited, enters into a distribution and dealership agreement with the regional leasing firm, Vehicle and Equipment Leasing Limited (VAELL). This comes as the manufacturer seeks to grow their dealer network and be closer to the customer as Africa speeds up infrastructure development projects fronted by governments and private investors. In the arrangement the leasing firm will market, sell construction and mining equipment manufactured by the German firm. The leasing firm will support the German Equipment maker in Kenya and countries where it has presence such as Uganda, Tanzania, Burundi, Democratic Republic of Congo (DRC), Rwanda and Zambia. In the arrangement, the equipment-sharing platform, Quipbank Trust Limited, has been earmarked as the sub-distributor of the Naivasha headquartered firm. The manufacturer currently has an outlet in South Africa that will work hand in hand with the new East African dealer. The new dealership is expected to increase the lessor’s variety of our products (equipment) as it also invests heavily in dealerships, in addition to its leasing specialization.  

“The dealership is strategic for us as it will grow our equipment catalogue and help deliver great customer service to the construction industry that is currently growing in the region with high demand for modern construction equipment. With this new signing, we will be able to meet various requests that have increased in the recent days and further solidify our commitment to delivering customer value and product innovation. We remain optimistic of tremendous growth opportunities in the continent,” said Bertha Mvati MD for VAELL Kenya.

The growing construction and mining sector in the region has created the need for modern construction equipment that are specific for the task. Gone are the days where a contractor used to work with one equipment that will perform almost every need in the construction site. With this in mind every contractor is shopping for suitable equipment that will make their work easier, cost savvy and efficient. This has attracted various equipment manufacturers that have pitched tents in Africa.

According to the statement sent to the newsroom, the lessor shall purchase the machines from the manufacturer and then market and sell them in its own name and on its own behalf in the markets they operate in. This dealership will be a vital step in strengthening the construction equipment industry as it will see contractors and miners’ access Light Equipment and Compact Equipment that are currently very scarce in this particular market like rammers, wheeled excavator, vibratory plates, rollers, soil compactors main content light towers and light balloons for outdoor illumination. The availability of these machinery will result in easy access to modern equipment, better cost management and increased efficiency.   Developments in new construction technology have always driven construction forward. Construction firms are equipped to build stronger, taller, and more energy effective structures with less cases of accidents like before. Modern equipment like these has made construction sites safer and workers more efficient. It has escalate output, advanced teamwork, and handle projects that are more complex.

While commenting on the dealership, Ivaney Turyasingura, Quipbank’s Regional Sales and Fleet Manager said, “The new dealership and distribution agreement is part of our focus on ceaseless efforts to support the construction industry in the Eastern Africa. The availability of modern construction technology and processes will also help improve efficiency and workplace safety. We will continue to provide the best possible solutions and expand our reach to meet the needs of all the aspiring construction customers.”

According to industry pundits, the mining and construction equipment industry in the continent is currently evolving and experiencing a steady transformation as it grows from a low volume, intensive use of modern equipment to high volume of special purpose equipment. The uptake of the equipment is expected to grow as people embrace technology and shun manual labour. The advantage of using special purpose equipment is to minimize likelihood of human error and decreases human fatigue during repetitive tasks.

Wacker Neuson, the world-class leader in construction and mining machinery, says they will work together with the East African partner to provide solutions and ensure customers have access to the best technology that will reduce drudgery at the workplace.  

The Managing Director of Wacker Neuson Sub-Saharan Africa, Dennis Vietze, said, “ as part of our strategy for growth and being near to the consumers we are working with our East African counterpart to help us serve this particular market. When we move close to customers, we are able to appreciate market needs and therefore develop best solutions that will fit the ideal scenarios. This will also help us lessen lead times due to faster and easy access to products and spares, ensuring optimised productivity for our customers. Our customer-centric approach allows for the product to reach the customer in an efficient manner regardless of location.”

About The Wacker Neuson Group

The Wacker Neuson Group is a leading manufacturer of compact and construction machines. They offer customers a broad product range and extensive services rendered worldwide. Since their founding in 1848 – at the time still known under the name “Wacker” – they have grown into an internationally operating group of companies with a dense worldwide sales and service partner network. Their reputation is essentially determined by the actions, appearance and behaviour of every individual. As diverse as the employees of Wacker Neuson may be, the basis of action is always to make a consistent and sustainable contribution to the future.  

ABOUT VAELL

Vehicle and Equipment Leasing Limited (VAELL) is the market leader in asset leasing, maintenance and consulting in Eastern and Central Africa region. It has presence in the automobile, healthcare, mining, agricultural, telecommunication, construction, gas and oil sectors. It has managed to diversify and expand its portfolio by offering customized solutions to suit every client’s requirement and need. VAELL, the leading provider of integrated leasing services for a broad range of moveable assets and machinery across the region, has geographical coverage with fully-fledged subsidiaries in Uganda, Rwanda, Tanzania and Zambia. The leasing firm has a correspondent relationship with other leasing companies in South Africa and India. It facilitates clients with vehicles and machinery throughout the region from any one-country office across its network.

In 2014 VAELL won the award for the Best in Transport, in the Top 100 KPMG/Business Daily survey, and 2015 shot into Club 101 in the same survey. It has scooped 14 awards in the last 5 years. The leasing market leader was named in 2018 by East African Business Council Tanzania as the best East African Company in The Service Sector. The lessor has also been named in South Africa’s Titan Building Nation awards in the outstanding achievement category.

VAELL was recently hosted by Nairobi Securities Exchange (NSE) onto its premium incubation and acceleration programme, Ibuka. VAELL also owns Quipbank Trust Limited, equipment sharing platform and TingA, East Africa’s largest tractor share platform.

Manufacturers are set to benefit from dry storage and warehouses to be unveiled countrywide by regional leasing firm, Vehicle and Equipment Leasing Limited (VAELL), in what pundits termed as a sharing economy. The model dubbed ‘space share’ will ease manufacturers’ logistics headaches since they don’t need to own warehouses and storage and therefore not incurring the cost of building and even renting the entire space that they are not using. Businesses will only be required to pay for the space they are using as they share the other space with others in trucks or in the warehouses. This will enhance the traditional warehouse market, from temporary trailers to Airbnb-style matchmakers that provides warehouse space and logistics together.

Space Share is expected to revive the distribution model that has collapsed countrywide and revamp supply chain networks to embrace e-commerce expectations. The Naivasha based asset leasing firm’s new strategy to ease cost of storage for manufactures indicates a growing shift by companies in a bid to slice cost of doing business in these challenging economic times. The regional lessor becomes the first company in the region to come up with a space leasing scheme for manufacturers, suppliers and hauling companies. Such consumer’ oriented innovations for the mass market have made the firm bag various awards. The lessor was recently ranked by various award organizers as the preferred leasing firm in the region.

According to VAELL Kenya’s MD, Bertha Mvati, the country has a cute shortage of warehouses and dry storage where manufacturers can store their goods as they wait for customers to buy. This has contributed to a low manufacturing due to fear of goods going bad.  

 “This invention is demand driven. We are responding to the market needs. Manufactures have been asking us if we can have this model in Kenya. We are happy that finally we have been able to come up with a product that suits their needs. It is being practiced in developed countries and we believe it will be a success here too,” added Bertha.

With the dry storage and warehouses businesses can store their merchandises in strategic locations where supplies can be made proportion to the market demand. The warehouses will also act as distribution centers and hence enhancing service delivery and customer satisfaction.

By providing enough space to store products closer to the consumers, space share will reduce trips made by manufactures’ daily from Nairobi, Mombasa, Thika, Nakuru and other industrial areas to make deliveries in the rural areas,” said Bertha Mvati, Vaell Managing Director for Kenya.