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"id": 1231759,
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"type": "speech",
"speaker_name": "Sen. Orwoba",
"speaker_title": "",
"speaker": null,
"content": "Mr. Speaker, Sir, thank you for this opportunity. I wish to comment on Sen. Cherarkey’s Statement on these foreign investors. It is a big topic when we say that the market must dictate itself because it is a willing buyer and willing seller basis but at the end of the day, we also have to look into the interest of the local manufactures. We are having the same problem with the issue of imported sanitary towels. We are having a serious policy disadvantage to the local manufacturers, in the sense that taxes are actually exempted on the imported finished products but at the same time, the local manufacturers are heavily taxed on raw materials. Therefore, in a situation like that, it is the Government intervention that is needed to ensure that we have fair competition. Therefore, while we look at China Square or any other that will come in that form and at the same time pushing for foreign investment, we are also really trying to create jobs"
}