New salt factory in Mudug Xinlabi

[Step a side]

 

[CABDULWALI XASAN.]

Nice, I find it so funny how that garbage news network has the logo flying all over the screen they are so scared for what What level of ghetto is this

 

[johnsepei5]

Nice
But this ain’t new chief

 

[DALMAR0_0]

Is it funded by PL government? Or diaspora Somalis?

 

[Step a side]

Is it funded by PL government? Or diaspora Somalis?

Xinlabi is in Galmudug.

 

[Pastoralist]

There another salt factory somewhere, is this the second one in Somalia? Mashallah.

 

[Rakoon]

I don't understand how they going to Make money selling salt

 

[Pastoralist]

I don't understand how they going to Make money selling salt

If they work with FGS they can list it as an export to other countries. Pakistan, Nepal, and many African countries export salt.

 

[Rakoon]

If they work with FGS they can list it as an export to other countries. Pakistan, Nepal, and many African countries export salt.

Yea but all the over head cost in Somalia is paid in US Dollars
It is very hard to compete with other nations that use their own shilling

 

[Pastoralist]

Yea but all the over head cost in Somalia is paid in US Dollars
It is very hard to compete with other nations that use their own shilling

Damn RSF. They set us back by getting in the way of the new Somali currency. The bills looked nice too.

 

[Rakoon]

Damn RSF. They set us back by getting in the way of the new Somali currency. The bills looked nice too.

I believe manufacturing in Somalia is doomed to fail due to regulatory uncertainty against imports, infrastructure deficits raising costs, and limited specialization in high-demand products. However, with this salt factory, one thing I know for sure is Somalis' merchants are money-savvy and do not invest a lot of money in salt without securing a buyer. They may have corrupted some bureaucrats at a port in Turkey or another country to smuggle their salt in, or something of the sort.