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{
    "id": 473353,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/473353/?format=api",
    "text_counter": 316,
    "type": "speech",
    "speaker_name": "Hon. Baiya",
    "speaker_title": "",
    "speaker": {
        "id": 8,
        "legal_name": "Peter Njoroge Baiya",
        "slug": "peter-baiya"
    },
    "content": "The last point I want to make is about the need to attract investment. It has been pointed out by the Committee with quite good proposals how to ensure that there will be conducive and attractive investment policies to attract that kind of investment but at the same time safeguarding the national interests. Those investors should include local ones and those who will invest should be assured that they will get better returns from their investments. I am sure that is enough and clear strategy; a good legal and policy framework that will in itself create certainty that is very essential for attracting investment and ensuring sustainability but not a situation where there is arbitrariness; where decisions are made, licences issued and half way along the line they are withdrawn. That is the kind of arbitrariness that chases away any prospective investor. That is caused by the absence of clear policy and strategy frameworks in this. We expect the Government to do more than this kind of proposal so that we can have a Bill that will not require to be amended a month after it has been passed by this House."
}