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{
    "id": 97743,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/97743/?format=api",
    "text_counter": 135,
    "type": "speech",
    "speaker_name": "Dr. Oburu",
    "speaker_title": "The Assistant Minister, Office of the Deputy Prime Minister and Ministry of Finance",
    "speaker": {
        "id": 194,
        "legal_name": "Oburu Ngona Odinga",
        "slug": "oburu-odinga"
    },
    "content": " Mr. Speaker, Sir, I beg to reply. (a) I am not aware that Kenya is losing a lot of foreign investors to Rwanda, Uganda and other neighbouring countries due to Government bureaucracy, red tape and corruption. On the contrary, the Government is pursuing measures aimed at attracting more investment into the country. These include infrastructure development with a view to reducing the cost of doing business, and implementation of business regulatory reforms which have, among others; simplified business registration and eliminated a number of licensing and regulatory procedures and, thereby, created a more enabling business environment; (b) In order to establish an effective one-stop shop for improved foreign investment process, the Government has undertaken the following measures: (i) facilitated the enactment of the Investment Promotion Act, No. 6 of 2004 which created the momentum towards realization of the one-stop shop; (ii) Prepared physical space that would accommodate relevant Government agencies (iii) Prepare the Cabinet memo on the concept which will soon be presented to the Cabinet for consideration and approval. (iv) Establish an investments facilitation facility where relevant Government agencies are brought under one roof for purposes of effective co-ordination and prompt, efficient and transparent provision of services and relevant investment information to investors. (v) I assure the House that the Government is committed to the implementation and operationalisation of an effective one-stop shop during the Financial Year 2010/2011. Thank you, Mr. Speaker, Sir."
}