Muhoroni Constituency MP Onyango K’oyoo has reaffirmed his commitment to ensure that state Sugar Mills in his Constituency are sold to local investors when they are opened up for privatisation.
K’oyoo said that the three Sugar Mills namely, Muhoroni, Miwani and Chemelil must be sold to local investors.
He said that privatisation for the Mills is looming and potential local investors must be identified in time to ensure those companies do not collapse.
The MP claimed that farmers will lose out if the Mills are bought by international investors or investors who are not from the county.
“We have local investors in this area and we want them to grab this opportunity once the Mills are opened for privatisation,” said K’oyoo.
Speaking in his Constituency, Koyoo told Kisumu County governor Jack Ranguma to encourage local investors to buy the Mills.
He said Ranguma should waiver land rates where the Mills are standing for the local investors to find it relatively cheaper to purchase the Mills.
Koyoo further called upon farmers in his Constituency to strengthen their co-operative Saccos to enable them raise substantial amount of money to buy shares in the Mills.
State Mills are set for privatisation as part of the measures to save the sugar sector from collapsing once the COMESA safeguard expires.