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{
    "id": 50356,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/50356/?format=api",
    "text_counter": 60,
    "type": "speech",
    "speaker_name": "Mr. Muriithi",
    "speaker_title": "",
    "speaker": {
        "id": 91,
        "legal_name": "Ndiritu Muriithi",
        "slug": "ndiritu-muriithi"
    },
    "content": "Thank you, Mr. Speaker, Sir, for asking the Members to consult quietly. I have just answered the question that hon. Affey is asking. He has asked about the incentives that we are providing to private investors so that they can invest in this area. I have just explained that right now, we have an incentive called investment allowance which provides that if you establish a factory outside an urban centre, you will write-off your investment one and a half times before you begin to pay Income Tax. This means that you will enjoy, perhaps, the best tax holiday anywhere in this world by establishing a factory outside the urban centres. In addition, I have just explained that through the Ewaso Nyiro North Development Authority, we have put up one factory and we are putting up a collection centre at Sere Olipi in Samburu East in order to provide a platform to encourage private investors."
}