Rather then a 'port' race, I'd prefer a factory race. We don't even build our own furniture. Imagine how many thousands of jobs can be created just to build furniture and it can hire thousands of people. A port indicates your not intending to create a local economy but just doing what somalis usually do, buying someone else products which silently means 'his superior to you'
If they spent that money on garacad port into building furniture factories. We would have not only residential market such as homes as clients around the nation but also the ministries who would be 'forced' to buy your products or else it would send a bad signal to the community. Puntland has created this 'plastic' chair factory. But I mean more wood/steel based furniture. If someone else then invests into the tumaal industry and say you deal with the supply of metals(100s of jobs) right there while someone else does 'furniture' factory(100s) of jobs. Now you added a thousand low income people and bumped them up to have money which will result in a local boom for the property market because that's what people usually buy when they have money, it's properties.
This only requires 5-6 investors to be told by our government we want you to invest in a wood factory that will provide wood to the market. Tell another one you will invest in a steel factory who will provide our steel. Then another one is told you invest a furniture factory. Through this u have bumped up our GDP immensely, they are now creating more products. A port is just one finished product and will be assessed as ONE THING YOU ADDED for the whole fuckin year.