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{
    "id": 1088729,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1088729/?format=api",
    "text_counter": 287,
    "type": "speech",
    "speaker_name": "Kilifi North, ODM",
    "speaker_title": "Hon. Owen Baya",
    "speaker": {
        "id": 13373,
        "legal_name": "Owen Yaa Baya",
        "slug": "owen-yaa-baya"
    },
    "content": " Hon. Temporary Deputy Chairman, while I support the amendment, my fears are in what Hon. Nyikal has raised. Currently, the mortgage arrangement in the country attracts about 30 years yet it is not a big project. The PPPs are big projects that will require huge financing and, therefore, the repayment period should be longer. Therefore, I think it would not be very prudent to put a cap of 30 years. I would rather we put a cap of 50 years because we are looking at huge projects. People in this country pay mortgage for 25 years. Why do you want to cap a PPP project at only 30 years? We need to relook at that proposal."
}