Bosaso Port Upgrade Project

[White-Macrobian]

To add on that, I believe the state gov't should encourage (and initiate avenues for) the locals' to form investment vehicles, where locals can contribute and own shares in developing projects, such as pooled funds. From smaller investments to larger ones, e.g. the Garacad port. This will enable in a growing middle/upper class with homegrown assets (not limited to diasporas only), instead of people saving money in banks, as it will also encourage those that are sceptical of traditional investments involving interest (i.e. bank loans). It will also decrease certain actors (individuals & companies, locals and foreigners alike) from gaining monopoly, which is the norm in many sectors in SL. But nonetheless, a local is in many ways better than foreigners, if there are opportunities, allowing this to happen.

The thing is they already do that in some places in Somalia, but most ppl just don´t have the capital to invest in those big projects. But I don´t really see a problem here u can always buy shares back. U just have do it soon enough.

 

[DR OSMAN]

https://fb.watch/qHW5wYO-qd/

 

[DR OSMAN]

@FBIsomalia Is cobble stone the right material for longevity and lower maintenance? Im not a civil engineer but the load and volume of heavy trucks at the container terminal surely deserves concrete, it is a higher up front cost per sq meter but it has lower operating and maintenance costs surely someone has done the maths or cost to benefits on various options? It's well known cheaper purchase cost tend to have higher operating costs over a lifetime.