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"id": 349969,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/349969/?format=api",
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"type": "speech",
"speaker_name": "Prof. Anyang’-Nyong’o",
"speaker_title": "The Minister for Medical Services",
"speaker": {
"id": 193,
"legal_name": "Peter Anyang' Nyong'o",
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"content": " Mr. Temporary Deputy Speaker, Sir, I beg to second this Motion for guaranteeing a loan from the European Investment Bank to support the expansion of JKIA. If you have been to JKIA of late you will realize that work is already going on there and, indeed, expansion is needed to make JKIA grow and become a hub for the airlines industry in this region and it is already doing so. If you go to JKIA you will see the congestion that we are experiencing. People have observed that Kenya Airways have had problems of late but I associate these problems with the phenomenon of expansion. Any company that begins to expand exponentially as Kenya Airways has done over the last couple of years, sooner or later, it meets its problem of matching its expenses with its profits to the extent to which you can invest to expand and therefore incur a lot of recurrent expenditure in managing and expanding the company or investment. When the graph catches up where profits begin exceeding expenses substantially, there is always that problem. Some companies do actually go under if the expansion is not managed responsibly. We have seen some American Airlines which were growing up very fast and all of a sudden they close shop and sell their assets to other companies. This is one of the things that Kenya Airways must manage. In this regard we are not talking about Kenya Airways but KAA which is an Authority responsible for managing the ports in our nation, particularly the major airports that we have like Mombasa, Kisumu, Eldoret, Nairobi and so on. The KAA must make sure that the airline industry has an enabling environment in terms of physical facilities at the airport. The Sessional Paper that has been laid on the Table of this House explains very clearly what this request today is. I believe that this request follows what is stipulated, not just in the Public Finance Management Act, but also in Guarantee of Loans Act. Therefore, the Minister is being very responsible by bringing this matter to the House so that the money is acquired legally. I do remember in the old KANU days, that is, in the 1990s, the Moi Government used to incur a lot of loans without bothering to bring anything to Parliament. That was the problem with the Goldenberg Scandal. Once this thing is brought to Parliament as we have, and once we look at the Sessional Paper itself, the Minister has been very transparent to the National"
}