DEVELOPING NEWS Hobyo Port to be built by Baraarug Corp and IBS (International Bank of Somalia)

[Bariire]

IBS are known for building Huge Real Estates across Mogadishu, almost 90% of the Mogadishu Development Boom from 2018 was done by them, and today they have decided to built the Hobyo Port their Local Region.





IBS signing Hobyo Port Deal.






The Big Envoy led by IBS will come Tomorrow with the contractors who are expected to do assessment for the construction.

 

[Bariire]

Thank you @Admin

 

[InaShaqalle]

Well done to our Galmudug brothers and sisters. Self sufficiency is the way forward

 

[Galmudug-State]

Mashallah. Allah be praised. Haber Gider and their uncle Duduble have money and it is good that they are investing it in Hobyo port development.

Hormuud, the billion dollar company should also be investing in Hobyo Port.

Omar Mahmoud built Garcad port with just $2 million.

 

[SomaliRealist]

I’m guessing investment from the locals is at least $150 million or more by now and continuing to grow. 2 years ago they had $90 million pledged.

 

[Galmudug-State]

I’m guessing investment from the locals is at least $150 million or more by now and continuing to grow. 2 years ago they had $90 million pledged.

Hobyo is growing, just this week 2, 000 vehicles docked and we haven't even yet built the port.

 

[SomaliRealist]

Hobyo is growing, just this week 2, 000 vehicles docked and we haven't even yet built the port.

Mashallah hobyo has potential to dominate the central region and elsewhere

 

[six]

Investment has come quickly mashallah. The Business folk of Hobyo have been putting in work for this and it can be seen from these agreements! Alhamdullilah, praise to my Aboowe, the Mayor of Hobyo for presiding over it!

 

[Cabdale]

Investment has come quickly mashallah. The Business folk of Hobyo have been putting in work for this and it can be seen from these agreements! Alhamdullilah, praise to my Aboowe, the Mayor of Hobyo for presiding over it!

Mayor had nothing to do with it

 

[Bariire]

 

[Cabdale]

Guul Galmudug

 

[Interested]

Bisinka!..Hobyo was still functional and had 293830393 goods incoming left and right every other week despite other nearby ports . This better be it..our indha adeeg finally paying off as it should .

 

[Galmudug-State]

Mayor had nothing to do with it

You think this deal would go through without the permission of the mayor. I believe the mayor of Hobyo is the best mayor Hobyo ever had.

 

[Bariire]