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{
    "id": 135533,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/135533/?format=api",
    "text_counter": 341,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Madam Temporary Deputy Speaker, we have various incentives for investors. We have listed various incentives which industrialists can take, including tax rebates and so forth. Unfortunately, we allowed 20 per cent of EPZ goods to be sold locally. The primary reason industries have closed in Kenya is the cost of production and the high energy input. It costs 23US cents per kilowatt hour for energy in this country and it will go up now that we will go more thermal energy. Compared to other countries like South Africa and Egypt that are using hydro electricity and South Africa where they are using a bit of nuclear energy, the cost of energy to industries is 5 US cents. So, ours is four times more. We really cannot compete in such an environment."
}