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"content": "have all realized. Five years is a very short time; you enter the first year you are supposed to be settling, and before you know it you are in an election mood again. It will be particularly important for the county governments to have a very quick nicely laid out system under which money will come from Nairobi and will be invested there. We need to have those kinds of systems in-built in this Bill. The second point I wanted to make is to urge that we need to learn from what has happened in other countries in the world. Public/private partnership has not been entirely successful in some nations. We need to know what has gone wrong, so that we can make the necessary adjustments within this Bill to make it a reasonable kind of law that will avoid the pitfalls that other countries have suffered from. We have to make it clear that this will not be an opportunity for profiteers. We must get it right from the very beginning, by not allowing exceedingly high returns on investments that will be involving the Government, and that could go even higher than the Government bond rate. We must not make it an opportunity for public entities to be robbed blind. The whole idea of people rushing into partnership should be protected by this law.We have been told about Malaysia being one of the countries that have been successful in the East but there is a reason why the privatization of water services, for example, in the City of Paris was withdrawn at the end of 2009. The City of Paris refused to renew the contract with two of the French corporations which were giving water services for that city and the reasons were very simple. It became more expensive to engage with these private companies as opposed to the Government of the City of Paris providing the same service to the people. So we need to ask ourselves: What is it that the Public Private Partnership (PPP) did wrong in that case that it warranted the Government of the city of Paris to take it back to the public and in one year, the water rate charges for the residents of Paris went down by between 5 per cent and 16 per cent of the charges that they were getting when it was being managed and run by the private French corporations?"
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