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"id": 1549998,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1549998/?format=api",
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"type": "speech",
"speaker_name": "Homa Bay Town, ODM",
"speaker_title": "Hon. Peter Kaluma",
"speaker": null,
"content": "It is, therefore, becoming very necessary that we look at models of financing around Africa that would avail ready money to us. One model is what we call Savings and Credit Co- operative Society (SACCO) locally. This is somewhere we can invest, and people who need those monies can borrow and use them. We can be earning something minimal as an investor in such corporations. We need somewhere where we can get easy money whenever we need it mainly for purposes of urgently needed infrastructure. Those can be roads, expansion of railway networks and airports. We are in a situation where we do not have enough money to deal with all our infrastructure needs and yet, our people are poisoned against alternative sources like the Public Private Partnerships (PPPs), where the private and the public bring money together. The other time we were thinking of a PPP on the reconstruction of Jomo Kenyatta International Airport, but without due understanding, people made noise all over saying it amounted to selling the airport."
}