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{
    "id": 662083,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/662083/?format=api",
    "text_counter": 114,
    "type": "speech",
    "speaker_name": "Hon. Katoo",
    "speaker_title": "",
    "speaker": {
        "id": 199,
        "legal_name": "Judah Katoo Ole-Metito",
        "slug": "judah-ole-metito"
    },
    "content": "Thank you, Hon. Speaker. I beg to reply. Many colleagues have spoken to this Motion and some very important issues were raised. The merit of having the second container terminal at the Mombasa Port is the issue of decongesting the Port. By decongesting the Port, our regional trade and even far beyond this region of East Africa is going to be fast- tracked. The movement of goods at the Port is going to be faster. It has also been raised by colleagues that the other importance of doing this is that it will increase the handling capacity of goods at the Port of Mombasa. This will put this country in a prime position as much as regional trade is concerned. If we increase the capacity of goods handling at the Port, we are also going to enhance productivity at the Port. Let me say very briefly about some of the issues of concern that were raised by my colleagues. First of all, the duration of this loan is 34 years. Before those 34 years, there are six years which we are given as a grace period. I think the rate is good. The Kenya Ports Authority (KPA) will pay about Kshs1 billion per year. With good management at the KPA and building of capacity and enhancing productivity, KPA will be in a position to raise that money. This will enhance economic growth of this country. Because colleagues have said a lot before, I just want to appeal to my colleagues that since this is Phase II meaning that Phase I has been done, we approve this Special Motion for this work to start. 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."
}