Kenyan Somalis invest in Mogadisho


Everytime I stumble on a video in Kenya where its successful Somali businesses, there's always xasid Kenyans sayin "Why dont they invest in their country instead"

Since Finance minister Bihi introduced the Public private partnership bill in august 2024, three big PPP projects have surfaced last year, this is the first one the New Mogadishu Development Corporation (NMDC) which is the company that is working on the new airport 35kms outside Mogadishu in warsheikh, a big road will be built connecting the city to the airport but in between they plan on building a special economic zone (SEZ) with a new sea-port, the port and the airport will be bigger than the turkish run aden cade airport and port in mogadishu today

Apparently the Ministry of civil aviation was receiving numerous requests from major airlines that wished to start flying into Mogadishu but couldn't because the current airport is too small and congested

The new airport will have 5 times more capacity than the current one at aden cadde, also notice how they're investing into modern cargo terminals, maybe if they stick to their promise and relaunch somali airlines, they could have a somali cargo branch of the airline just like ethiopian airlines, convieniently the port and Sez are right next to the airport

1754849149050.png


1754849230355.png





They also plan on investing in a big solar farm to power the SEZ and its going to be operational by 2027

1754848897733.png



On the inauguration of the project the top 100 somali companies in the whole region were attending, including the ones from Kenya

1754839181217.png


1754839822428.png


If this goes well, it wouldnt be crazy to assume this new Somali construction company could work on other mega projects

1754848045564.png



1754848069519.png
 

Attachments

  • 1754849198686.png
    1754849198686.png
    476.4 KB · Views: 6
  • 1754849291846.png
    1754849291846.png
    1.8 MB · Views: 7
  • 1754849313988.png
    1754849313988.png
    1.7 MB · Views: 7
Last edited:

Everytime I stumble on a video in Kenya where its successful Somali businesses, there's always xasid Kenyans sayin "Why dont they invest in their country instead"

Since Finance minister Bihi introduced the Public private partnership bill in august 2024, three big PPP projects have surfaced last year, this is the first one the New Mogadishu Development Corporation (NMDC) which is the company that is working on the new airport 35kms outside Mogadishu in warsheikh, a big road will be built connecting the city to the airport but in between they plan on building a special economic zone (SEZ) with a new sea-port, the port and the airport will be bigger than the turkish run aden cade airport and port in mogadishu today

Apparently the Ministry of civil aviation was receiving numerous requests from major airlines that wished to start flying into Mogadishu but couldn't because the current airport is too small and congested

The new airport will have 5 times more capacity than the current one at aden cadde, also notice how they're investing into modern cargo terminals, maybe if they stick to their promise and relaunch somali airlines, they could have a somali cargo branch of the airline just like ethiopian airlines, convieniently the port and Sez are right next to the airport

View attachment 369959

View attachment 369961




They also plan on investing in a big solar farm to power the SEZ and its going to be operational by 2027

View attachment 369958


On the inauguration of the project the top 100 somali companies in the whole region were attending, including the ones from Kenya

View attachment 369948

View attachment 369949

If this goes well, it wouldnt be crazy to assume this new Somali construction company could work on other mega projects

View attachment 369954


View attachment 369955

Its safe to say that most of the project should start being in the end phases by the end of 2027 and fully operational by 2029

In parralel to this project they plan on building trade corridors going into ethiopia and kenya like the berbera trade corridor, they also announced that they would try and get similar ppp projects to build smaller ports at kismayo, berawa and hobyo, only port town being left out is marka and it should stay that way tbh

1754850204513.png


New regional airports also being built at dhusamareb, it has already started theres videos of them paving the runway

Only thing keeping all this from happening is shabab and madobe tbh

1754850000478.png
 
Last edited:

Everytime I stumble on a video in Kenya where its successful Somali businesses, there's always xasid Kenyans sayin "Why dont they invest in their country instead"

Since Finance minister Bihi introduced the Public private partnership bill in august 2024, three big PPP projects have surfaced last year, this is the first one the New Mogadishu Development Corporation (NMDC) which is the company that is working on the new airport 35kms outside Mogadishu in warsheikh, a big road will be built connecting the city to the airport but in between they plan on building a special economic zone (SEZ) with a new sea-port, the port and the airport will be bigger than the turkish run aden cade airport and port in mogadishu today

Apparently the Ministry of civil aviation was receiving numerous requests from major airlines that wished to start flying into Mogadishu but couldn't because the current airport is too small and congested

The new airport will have 5 times more capacity than the current one at aden cadde, also notice how they're investing into modern cargo terminals, maybe if they stick to their promise and relaunch somali airlines, they could have a somali cargo branch of the airline just like ethiopian airlines, convieniently the port and Sez are right next to the airport

View attachment 369959

View attachment 369961




They also plan on investing in a big solar farm to power the SEZ and its going to be operational by 2027

View attachment 369958


On the inauguration of the project the top 100 somali companies in the whole region were attending, including the ones from Kenya

View attachment 369948

View attachment 369949

If this goes well, it wouldnt be crazy to assume this new Somali construction company could work on other mega projects

View attachment 369954


View attachment 369955
You don't have permission to view the spoiler content. Log in or register now.
 

Trending

Latest posts

Top