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{
    "id": 1494188,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1494188/?format=api",
    "text_counter": 625,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "Number, it is possible to digitise all our title deeds. Once we are able to digitise those title deeds, we will unlock great potential, including access to credit. We have many people, especially in the village, whose only collateral they can use to access credit is a title deed. So, when you do not avail that title deed to those people, we deny them economic progress. As I wind up, in economics, the four factors of production are land, entrepreneurship, capital and labour. All of those cannot function without land. If you take capital, for example, that capital investment, apart from the coming of digital technology where you can put that capital in a technology and host it in space, that labour must live. The mobility of labour is dependent on infrastructure, which is developed on land. Those people who drive that factor of production called labour must live. One link that links all the three other factors of production is land. We need to make sure that land lives to its potential in ensuring that there is economic development by ensuring mobility of that land. Because land will not physically move, we can only ensure that we facilitate ease of transfer of land from one entity to another and, where possible, and even that charging when you want to access credit. Lastly, Hon. Temporary Speaker, with the coming of securitisation, we have technologies that, through securitisation, we can have an investor across the globe using digital technology and be part of a coffee farm in Meru or a tea farm in Thika or be part of a potato farm in Molo. That securitisation can only be done if we digitalise our title deeds across the country. With that, I beg to support."
}