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"speaker_name": "Hon. Munyaka",
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"speaker": {
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"legal_name": "Victor Kioko Munyaka",
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"content": "Thank you, Hon. Temporary Deputy Speaker. I rise to support this Bill. Kenya is now thinking outside the box. We are following the examples of countries which have grown their economies by embracing this model of special economic zones. At Independence, Kenya was almost at the same level with Singapore, Malaysia and Korea in terms of economic development. However, because the other countries embraced such models they have been able to grow very fast. Time is now ripe for Kenya to be proactive and do the right thing so that the economy can grow. When the President of America visited Kenya recently, he acknowledged that Kenya is a fast-growing country and the gap between the economic growth in Kenya and South Korea is getting narrower. We should use the occasion to attract as many investors as possible and give them conducive business environment and terms so that they can invest in Kenya. That will create employment opportunities and earn Kenya foreign exchange. Kenya has been a net importer, but the best situation would be to turn the country into a net exporter. Kenya is made up of 47 counties with diverse regions and different types of resources. If we could target to create Special Economic Zones in each region in Kenya, we can tap and harvest into the resources which have otherwise not been tapped into. This will create employment opportunities and reduce poverty levels. Most of the raw materials in various regions of Kenya have not been exploited because we have only had industries congested here in Nairobi. If we establish the Special Economic Zones in those regions, we will cut the cost of transportation and production. The Special Economic Zones are part of the Vision 2030 just like the Konza Techno City. I was worried that Konza Techno City would be part of the Special Economic Zones, but I have been informed that Konza will be a free city with free enterprises like Nairobi. It will be a more modern city with modern infrastructure and proper designs to attract many investors across the world to invest, create jobs and also minimize the crisis and the chaotic situation of the City of Nairobi."
}