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{
    "id": 610232,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/610232/?format=api",
    "text_counter": 205,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "which has been computed to around 29,000 hectares for them to sustain a factory economically and efficiently. To achieve the required acreage of sugar, two companies will be combined into one. This will enable us to achieve the necessary acreage of sugar under one management. That is Chemelil Sugar and Muhoroni Sugar, with 18,400 hectares and 22,100 hectares under sugar respectively. That will give a combined total of 40,000 hectares. That is above what is required. The Nzoia Sugar has enough, which is 49,000 hectares. SONY Sugar Company also has enough, which is 31,000. The only two companies which will be merged are Chemelil and Muhoroni. Miwani Sugar has a court case and its fate will be determined after the court case. The Government intends to get strategic investors for each of these companies. These are people who can invest more than 51 per cent to buy new machines and bring in new technology. The structure of the shareholding is that 51 per cent will be sold to the private strategic investor; 24 per cent will be sold to---"
}