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{
    "id": 45871,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/45871/?format=api",
    "text_counter": 298,
    "type": "speech",
    "speaker_name": "Mr. Muriithi",
    "speaker_title": "The Assistant Minister for Industrialisation",
    "speaker": {
        "id": 91,
        "legal_name": "Ndiritu Muriithi",
        "slug": "ndiritu-muriithi"
    },
    "content": "Mr. Temporary Deputy Speaker, Sir, so, this piece of legislation will create a platform that we can use, as a nation, to build that world class capability amongst contractors. I think it is not lost on us, as a House and Kenya at large, that, for example, on key pieces of infrastructure that are ongoing now, whether it is Thika Highway, by- passes, the Northern Corridor, expansion of the airport, dredging of our port, building a new port in Lamu or building a new transport corridor between Lamu and Juba, the volumes required, the size of company and balance sheet required--- That is because if you are going to execute a contract whose scope is Kshs20 billion to Kshs30 billion, you cannot approach it with Kshs200,000 in your balance sheet. That is the key challenge that we have been facing as an economy. Therefore, we must have concerted efforts to see how to actually change the circumstance. How do we help Kenyan contractors to build up their balance sheets and skills set to ensure that they can deliver on those large pieces of infrastructure?"
}