I've always wondered why Somali businessmen prefer building Hotels to Factories. Unless the city/town/village is a picturesque and hugely popular tourism hotspot, it's not like it will create a lot of revenue.
An illiterate with no skills whatsoever ends up with 50 to 100 thousand dollars from "qaadhan money" or from working in some western country and saving the money, then flies back to his clan-based town, builds what he considers to be a "5-star hotel" so he can compete with another illiterate cousin of his.I've always wondered why Somali businessmen prefer building Hotels to Factories. Unless the city/town/village is a picturesque and hugely popular tourism hotspot, it's not like it will create a lot of revenue.
Reason is factories take a lot of electricity to run something backhome has a problem with. Hotel is easy and lots of diaspora go
to those cities all year around so there is never shortage of guests.
I've always wondered why Somali businessmen prefer building Hotels to Factories. Unless the city/town/village is a picturesque and hugely popular tourism hotspot, it's not like it will create a lot of revenue.
Looks neat! May Allah bless his business
Ameen. He built it with around over $1 million.
Masha Allah but less business centres and more factories! I don't understand this trend of hotels/malls.
Have you heard about that cement making factory opened in Hargeisa few months ago? According to the mayor it already broke
Lol. Factories in most cases in Sland are unreliable since they don't have the expertise to fix it if something goes wrong + lack
of reliable power supply.
Have you heard about that cement making factory opened in Hargeisa few months ago? According to the mayor it already broke
Lol. Factories in most cases in Sland are unreliable since they don't have the expertise to fix it if something goes wrong + lack
of reliable power supply.
I don't know if they could compete with the cheap rice that comes from overseas but a baasto factory, that would probably pay for itself very quickly.
its sad these farmers get overloooked they got organic top notch quality But people focusing on buying cheap food thats expired and of low quality and Food that damages the health and destroys the dreams of farmers