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"speaker_name": "Hon. (Ms) Nyamunga",
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"content": "Thank you, Hon. Temporary Deputy Speaker, for giving me this opportunity to contribute to this Motion. As a Member of the Departmental Committee on Finance, Planning and Trade, I also had opportunity to visit the port. My colleagues have already raised the issues that we raised as a Committee at that time. We did not feel that it was necessary to start another terminal at this time because they have not even started using the existing one that is completed. Initially, the Committee felt that it was not necessary, but they managed to convince us. First, they were saying that the cost of doing another berth is very high, but right now the Japanese Government is ready to give them a loan at an interest rate of almost 1.6 per cent which we thought is a very good rate. Secondly, they were arguing that if they leave it for another four years, the cost of money will have increased. Those are some of the reasons why they are in a 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."
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