{"id":1088729,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1088729/?format=json","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."}