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{
    "id": 487058,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/487058/?format=api",
    "text_counter": 293,
    "type": "speech",
    "speaker_name": "Hon. Kamau",
    "speaker_title": "",
    "speaker": {
        "id": 35,
        "legal_name": "Jamleck Irungu Kamau",
        "slug": "jamleck-kamau"
    },
    "content": "Hon. Speaker, the last amendment at 5.4 is extremely important for this country. There are investors who come and invest a lot of money and when it comes to sub- contracting, they keep on giving those contracts to foreigners. That means that all the monies that are earned through those contracts will finally find their way back to the foreign countries. That is the reason why it is important for us to have this amendment such that, even after Safaricom gets this award, and even after the company that is contracted to do the work, Huawei continues, we must ensure that, at least, 30 to 40 per cent of the sub-contracts arising therein are awarded to our dear brothers and sisters in this country. In fact, I would even urge that we do more than that 40 per cent. If it is possible, they can do 100 per cent because what we need is capacity. In the oil sector which we are looking into, we are contemplating coming up with amendments in the Energy Act that will ensure that even those investors who are coming to prospect for oil in this country, some part of ownership of those contracts is Kenyan. If you go, for example, to Dubai, 51 per cent of ownership of any FBI in that country has to The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}