Can somalia become a wealthy country one day? is it possible if it is how will we achieve this
Somalia lacks resources, only human capital can make it "rich" which is lacks too. I don't believe Somalia will ever become "rich". The civil war happened at the worst possible time and countries have leapfrogged it so much that it is destined to become subservient to its neighbors.
Majerteen Sulatnate became rich purely from trading with the outside world. If we can effectively utilise our ports and coastline located in such a strategic place, we can benefit.Somalia lacks resources, only human capital can make it "rich" which is lacks too. I don't believe Somalia will ever become "rich". The civil war happened at the worst possible time and countries have leapfrogged it so much that it is destined to become subservient to its neighbors.
Somalia lacks resources, only human capital can make it "rich" which is lacks too. I don't believe Somalia will ever become "rich". The civil war happened at the worst possible time and countries have leapfrogged it so much that it is destined to become subservient to its neighbors.
If only a council takes over
Don't forget the abundance of solar energy in PL, installing solar panels & windmills can enable us to become self sufficient in energy which in turn lowers its cost. The first thing i would do is create the Galkacyo - Garacad road.It is the only country on the equator that is semi arid. If that is not the worst of luck I don't know what is.
Somalia lacks most natural resources, but we have some. We can become self sufficient in fish, and we can also produce at least half of the food we need to feed our people. We will not become wealthy anytime this century, but reaching middle income status is not out of the question for us in the next 40 years. If I were in charge of a regional state like Puntland, I would speed up urbanization and basically ignore all non urban areas. In essence getting the process of urbanization over with instead of having it drag out over decades, and simultaneously lowering the fertility rate so that productivity gains are translated into increased incomes instead of more children.
Yes we can become a top 5 oil and gas producer in the world
Ueah i heard that somalia has insanly much oil and probaly had much gas. I also heard that somalia has really much Uranium And teally strong winds.
The future is bright for somalia![]()
And why is that?![]()
"Somalia" barely exists on paper today, 20 years from now not even that will be the case. We will split up into tiny clan states, and in turn forever remain under the influence of stronger nations.
Don't expect anything else from brain dead Somalis.
Stop being delusional that will never happen![]()
Much of the lands outside the main towns in Garowe, Bosaso and Galkayo have been marked which means they are private. The government should have made a limit for land hoarders that if they want to purchase the land, it must be constructed. You will see random houses way outside the town.It is the only country on the equator that is semi arid. If that is not the worst of luck I don't know what is.
Somalia lacks most natural resources, but we have some. We can become self sufficient in fish, and we can also produce at least half of the food we need to feed our people. We will not become wealthy anytime this century, but reaching middle income status is not out of the question for us in the next 40 years. If I were in charge of a regional state like Puntland, I would speed up urbanization and basically ignore all non urban areas. In essence getting the process of urbanization over with instead of having it drag out over decades, and simultaneously lowering the fertility rate so that productivity gains are translated into increased incomes instead of more children.