New Muqdisho port will be built by Albayrak group

[geeljre49]

in order to take loans you need to have assets to stake it, oil is out stake

Yeah FGS might use oil money as well as revenue from the project itself to pay back the loan. I don't think this is happening soon. The airport will be announced by HSM before end of year though.

This is a voice over with random generated buildings. No official spokesman or their title with Turkish company in video makes me think this is propaganda. Same with no Somali govt official in video. Probably some ai project to get good pr

Thought so at first but Universal TV is quite reputable no?

 

[Hotchick12]

This is a voice over with random generated buildings. No official spokesman or their title with Turkish company in video makes me think this is propaganda. Same with no Somali govt official in video. Probably some ai project to get good pr

you know universal tv is a government channel

 

[Hilmaam]

Yeah FGS might use oil money as well as revenue from the project itself to pay back the loan. I don't think this is happening soon. The Seaport and airport will be announced soon but not the two highway leading to Beledweyne and Dollow dry port. territory leading to it is unstable security wise.

Thought so at first but Universal TV is quite reputable no?

you know universal tv is a government channel

There is nothing actionable about this video is my point. Barely any effort was made putting it together. This is pr video for fgs and albayrak. No timelines , no studies, no funding, no high ranking official putting their name to it. It’s just vibes and pr to me

 

[geeljre49]

There is nothing actionable about this video is my point. Barely any effort was made putting it together. This is pr video for fgs and albayrak. No timelines , no studies, no funding, no high ranking official putting their name to it. It’s just vibes and pr to me

You have a point. Fact that no timeline or offical statment or insight hasn't been put out by company seems a bit odd but just need to wait and see. If universal tv pulled it out their ass doesn't look good.

 

[𐒁𐒚𐒒𐒂𐒘𐒂𐒗 𐒎𐒚𐒗𐒗𐒒]

The President of Hawiye aka Culusow, is a short-sighted, pathetic qabiilist, and all the idiots who twerk for him, because he helps his own clan, are also embarrassing, short-sighted buffoons. Don't get upset when another President takes over that emulates this nasty behaviour.

Go make a superstate of all your deegaan and make him your leader, because he is certainly NOT the President of Somalia.

 

[Cartan Boos]

i hope we establish 5G port, it will be game changer

 

[BDF-3299]

I can't seem to find the official video from albayrak but It appears this is a bid. You can find other bids on their YouTube channel.

I say it's a good bid but we need to see what other people have brought.

 

[Nin123]

To ease traffic congestion and give more space as current port is too small. Wish it wasn’t this particular group as they haven’t managed the port the best but at least the new airport will be 100% FGS owned

Doug Somalia signed millions of contracts with turkey

 

[Pastoralist]

Doug Somalia signed millions of contracts with turkey

As hassan should. Where were all those other countries during our famine.

 

[Jiron]

wonderful development for Somalia

 

[johnsepei5]

Turks and emiratis own every port in Somalia

ports are literally Somalias only bread and butter the Italians even said so

the Turks even own the decale airport the only airport used by wealthy people and expats

 

[Step a side]

Turks and emiratis own every port in Somalia

ports are literally Somalias only bread and butter the Italians even said so

the Turks even own the decale airport the only airport used by wealthy people and expats

Hobyo port belongs to Somalis.

 

[Pastoralist]

Hobyo port belongs to Somalis.

Garacad stakeholders were proud of the same thing. Though unfortunately, several things can change that. Mogadishu port is currently contested by Hassan’s presidency. With them citing that the Turkish company might be taking more than its fair share. We know this is false because Somali experts from the previous government within the central bank and our talented former minister of finance never said anything about it. Not sure what the intention is, could be to give it dpworld. You guys aren’t turkey, but if say, the GMpresidency were to change, you’d be in the same position as helpless dhulo watching their port get sold to a third party even though they tried to say no.

Somalia accuses Turkish firms Favori LLC, Al-Bayrak of breaching infrastructure contracts

Mogadishu (HOL) — The Somali government has accused Turkish firms Favori LLC and Al-Bayrak of breaching profit-sharing agreements critical to managing Mogadishu's key infrastructure, including Aden Adde International Airport and Mogadishu Port. These alleged breaches raise significant concerns...

www.hiiraan.com

 

[geeljre49]

@Hilmaam thoughts?

Projects | New Mogadishu Development Corp

The New Mogadishu Development Corporation (NMDC) is a pioneering public-private partnership focused on transforming Mogadishu into a thriving regional hub for trade and investment, realising Somalia’s immense potential.

www.nmdcs.com

 

[Hilmaam]

@Hilmaam thoughts?

Projects | New Mogadishu Development Corp

The New Mogadishu Development Corporation (NMDC) is a pioneering public-private partnership focused on transforming Mogadishu into a thriving regional hub for trade and investment, realising Somalia’s immense potential.

www.nmdcs.com

iA it happens infrastructure projects much needed