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{
    "id": 855034,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/855034/?format=api",
    "text_counter": 203,
    "type": "speech",
    "speaker_name": "Sen. Olekina",
    "speaker_title": "",
    "speaker": {
        "id": 407,
        "legal_name": "Ledama Olekina",
        "slug": "ledama-olekina"
    },
    "content": "there is much that we have learnt. This House will be debating the fiduciary risk involved. It is important for the Committee to consider the need to reintroduce Section 54, which they are proposing that it should be deleted, and also come up with a risk mitigation strategy in the amendments that they are bringing in. Tough regulations will ensure that despite the long term aspect of the project, the interests of the public and private sectors are always protected. I am very worried by the issue of expertise. This is because when the private sector invests a lot of their money, without proper regulations to monitor how they develop their infrastructure, it might force the Government or the consumers to bear more cost because they will not have a lot of information. Therefore, an information sharing policy must be put in place so that the private and private sectors involved can continue to report, on a daily basis, on the improvements that they are bringing and the possible changes that might affect the public. That way, it will be a true partnership between the private and public sector. In conclusion, Mr. Deputy Speaker, Sir, I reiterate that public participation is missing from the current proposed legislation in terms of discussing and agreeing to have these projects. We also need to ensure that whatever legislation we come up with in this House, we should think about the future and not the current interests. With those many remarks, Mr. Deputy Speaker, Sir, I beg to support."
}