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"id": 1416469,
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"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kimani Kuria",
"speaker": null,
"content": " Thank you, Hon. Speaker. I thank Hon. Ruku for being seized of this matter. We created several incentives for SEZs and EPZs in this country in the Finance Act of 2023. However, we have seen a lot of gazettement of new and many SEZs and EPZs since that enactment. Some of them are even private people's properties. On the questions asked by Hon. Ruku, we would like to handle this matter comprehensively. Even if we approve, I request that we make it an inquiry instead of submitting and approving it as a Statement in this House. It is so that we make sure that we sort out the loopholes these unscrupulous businesses are using in our SEZs and EPZs, denying us the required revenues and making it uncompetitive to other businesses and manufacturers that do not necessarily operate within these SEZs and EPZs. As I have said, most of them have been gazetted irregularly. If we have to answer the five questions sought by the Hon. Ruku comprehensively, our request as a Committee is to make it an inquiry. We should visit those SEZs and EPZs to see the actual impact and the losses made to our revenue as PAYE, VAT, excise duty and all those other taxes. We should even inquire into the impact of that on export and the competitiveness of the products made in these EPZs and SEZs vis-à-vis those made by other manufacturers that do not necessarily operate in this privileged space."
}