Benjamin Kipkirui Langat

All parliamentary appearances

Entries 591 to 600 of 2560.

• 15 Jun 2016 in National Assembly: Thank you, Hon. Speaker. It is good when I hear the Leader of the Majority Party saying this money is being wasted. Let me bring the House to speed. Those of us who were in the Departmental Committee on Environment and Natural Resources would remember, because this was recently brought to the Devolution Ministry, that an arrangement was made with the Lake Basin Development Authority to build a mall. Two, the mall is already complete. The only problem is that the loan which was entered into is already due for payment. What needs to be done is to pay the ... view
• 15 Jun 2016 in National Assembly: is the first money we are sending to a Ministry department and agency. We have sent money to so many other parastatals. We should not single out one and talk as if there is something wrong. This money is not even enough. We can even remove this, I have no problem, but the consequences are that the interest rate will continue rising and the mall will be auctioned. The good thing about this project is that it is contributing Kshs60 million per month. It is already complete. This is a project that will be repaid within seven years. We can ... view
• 5 May 2016 in National Assembly: Thank you, Hon. Temporary Deputy Speaker for giving me the opportunity to second this Motion. As it has already been indicated by the Leader of the Majority Party, we are still finalising the report on this Motion. As we have agreed that the debate will not be finalised today, I believe the first day when we come back from recess, we should be able to table the final report of my committee. I will give the status report not the final report. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report ... view
• 5 May 2016 in National Assembly: In 2007, the Kenya Ports Authority (KPA) got into an agreement with the Japan International Corporation Agency for a loan Yen26.7 billion for development of phase one of the Second Container Terminal. Phase two was supposed to follow. The first phase took four years and was completed in 2016. My Committee Members visited Mombasa and we noted that virtually, it is completed. They are working on the machines so that the terminal can start operation. We are now talking about phase two because phase one has been completed. As I have said, the first phase was supposed to be operated ... view
• 5 May 2016 in National Assembly: Thank you, Hon. Temporary Deputy Speaker. Looking at the terms of the loan, I would say it is unparalleled. We should also check the capacity of the borrowing entity to repay the loan so that we do not borrow a loan which ends up being paid by the national Government. Looking at the financials in terms of the capacity, the 2015/2016 Financial Year Report of the KPA shows that their total revenue was Kshs39 billion, gross profit was Kshs9.8 billion, retained earnings after they paid a dividend of Kshs441 million to the Government of Kenya was Kshs5.4 billion. We also ... view
• 5 May 2016 in National Assembly: I know it is going to impact on the Kenya’s public debts although it is going to fall under guarantees. Recently, we discussed the levels of public debt and we generally agreed that it is within 46 per cent of the Gross Domestic Product (GDP). In some countries, the public debt versus the GDP is almost 74 per cent, including Japan. 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. view
• 5 May 2016 in National Assembly: Hon. Temporary Deputy Speaker, this will not interfere with our debts, and the total guarantees. I have already talked about the ability to repay. I am also saying that because I know Members will raise so many questions. They will ask why we want to construct the second container terminal before we use the first phase. It is good because it takes five years to build it. We will not wait until it is late to start. I want to support the construction of the Second Container Terminal Phase II on that score. view
• 5 May 2016 in National Assembly: I want to second this Special Motion, and the gentleman’s agreement between the Leader of the Majority Party and me. The members of my Committee will have an opportunity to contribute either way. I second the Special Motion. view
• 5 May 2016 in National Assembly: I will give opportunity to Hon. Nassir. view
• 5 May 2016 in National Assembly: Thank you, Hon Temporary Deputy Speaker. I wish to congratulate the Members for a job well done during the just concluded Session. We have done quite a good job. We have just finished the National Government Constituencies Development Fund issues. There is a lot of work which is going to happen during the recess. I want to say congratulations. I was among those who opposed the new Constitution. One of the reasons we gave was that it would be difficult to amend. We were called so many names by the people who are now disturbing the country in matters which ... view