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"content": "for that purpose. It is important to reiterate that this country will only move forward if we move from being an agricultural based economy to an industrial-based economy. We have a vibrant industrial sector. As I said, in 2007, this sector contributed ten per cent of the GDP. We anticipate, if we have to really move and become a developed country, this sector will grow from now and continue contributing ten per cent of our GDP for the next 20 years as a minimum contribution. We are faced with challenges such as the high cost of production because of energy, lack of productivity, quality of produce and competitiveness in quite a number of our products. When I talk of âcompetitivenessâ, I mean quality and price of the products. We must overcome all these challenges. At the same time, we must create the necessary environment for both local and overseas investors to invest in this country. One of the constraints that we face at the moment is lack of land. Land in Kenya has become another issue. A lot of value is attached to land. An investor coming into Kenya looking for investment opportunities finds that land costs Kshs50 million to Kshs100 million. Probably, that is the money that person wants to invest in this country. So, these investors, of course, will go to our neighbouring countries where land is free. If they are offered land, they invest there. So, we must come up with a solution on what to do with all these attachments to land which we have put at too high cost."
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