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{
    "id": 1495250,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1495250/?format=api",
    "text_counter": 134,
    "type": "speech",
    "speaker_name": "Mr Davis Chirchir",
    "speaker_title": "The Cabinet Secretary for Roads and Transport",
    "speaker": null,
    "content": " Thank you, Hon. Members. With respect to JKIA, in its audited accounts, it makes a profit of Ksh4 billion annually. As we are aware, we have over utilised JKIA, and therefore, we need a new airport. In terms of the traffic and investments we receive at JKIA, it is in the tune of Ksh200 billion. So, when you are talking about an investment of Ksh200 billion and your bottom line is Ksh4 billion and the fiscal headroom for an asset which is 100 per cent owned by government requires that kind of investment, the only route to go is the PPP, where we bring in foreign investment."
}