Excessive Hotel Building

[Nur_]

There is like two hotels in all of Borama, from what i can tell. It's not that deep.

I'm talking about the whole country. I just used this as an example.

 

[Sigmundd]

I remember when i went to hargeisa back in 2005 and there was literally only like 2 hotels,there top quality aswell, times have changed but I prefer Hargeisa back than compared to now.

 

[Taintedlove]

This is what I'm talking about! Even if it's foreign investment, it'd be nice to see things aimed at the locals. Hotels aren't doing as much for the people (Though they provide jobs at the very least). Inshallah your plans are fruitful.

What did you mean by Shanty Town locals? I'm afraid I don't understand. Sorry

If you've been to SL/somalia, you'll see poor somali locals living in metal informal houses. It looks like this

It's very vulnerable to flooding, pest infestations etc. I feel awful walahi when I see these, not because I look down on these people (it's admirable to being to withhold hardship) but that I know we can provide better.


I wanna create a real estate company, buy some government contracts and employ local somalis whe building social housing.

 

[Burqad]

There is nothing predatory about it , it's aimed at boosting local economy.

And they do invest in many different industries like i have shown with a tech sector and infrastracture projects. But to do that you need to pull in capital.

Thats why these types of businesses are helpful because Somalis can finance expensive industrial and infrastructure projects in the long term using PPP- Private public partnerships.

There are lots of low IQ Somalispotters who don’t realize that what is invested once can be reinvested- money is fungible and the profits can go into other stuff.

That's a big difference? Where did you get this number?


Bosaso has a lot of yemeni/oromo migrants right? Is it them boosting the numbers? 300k sounds like a lot though and you'd think someone would start registering them.

There are not even 300k Oromos in all of Somalia.

 

[Burqad]

If you've been to SL/somalia, you'll see poor somali locals living in metal informal houses. It looks like this
View attachment 355190
It's very vulnerable to flooding, pest infestations etc. I feel awful walahi when I see these, not because I look down on these people (it's admirable to being to withhold hardship) but that I know we can provide better.


I wanna create a real estate company, buy some government contracts and employ local somalis whe building social housing.

Those are called Labo Deryaals, people who are nomads build aqals in the city while they are trading. Even if you gave them a stone house they would not stay in it except for the trading season.

 

[Taintedlove]

Those are called Labo Deryaals, people who are nomads build aqals in the city while they are trading. Even if you gave them a stone house they would not stay in it except for the trading season.

Interesting. But I'm more so talking about permanent residents who live in these tin metal houses if that Makes sense. I see them living on the sides or opposite big houses. This is just the closest I could find.