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{
"id": 1508007,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1508007/?format=api",
"text_counter": 762,
"type": "speech",
"speaker_name": "Embakasi North, UDA",
"speaker_title": "Hon. James Gakuya",
"speaker": null,
"content": "certificate to ensure compliance with the requirements as set out under Section 4 (2) of the aforesaid Act. The National Investments Council is to prepare an annual report on investment proposals filed by foreign investors and submit it to the Cabinet Secretary in charge of Investment, Trade and Industry. The Cabinet Secretary for Investment, Trade and Industry, in consultation with the relevant investment stakeholders, to review various investment policy frameworks and regulations with the aim of coming up with an amicable regulatory and policy framework that is friendly to both foreign and local traders. This observation and recommendation, if considered and implemented, will ensure that both our local and foreign investors are well protected and coexist peacefully, hence attracting investment in our Republic. Having noted the proceedings of the Department Committee on Trade, Industry and Co-operatives on alleged unfair practices by foreign investors in the country, specifically focusing on China Square, which is a retail company, I beg to move and urge the House to adopt this report."
}