Agreed. Things like national factory require huge amount of investment also that the FGS should be investing in. It is 2024 and Somalis import 90%+ of all used goods.This factory in 2004 was opened for around 8.3 million which is even more money in 2024. Probably can open something cheaper but with super high land prices, small market cap, and security its tough. I always advice people do business in west first way easier to get loans, way more customers with big spending power. Then when you have experience try somalia which is very difficult. seen many amateurs lose money in somalia anything goes back home
What do you mean by security ?This factory in 2004 was opened for around 8.3 million which is even more money in 2024. Probably can open something cheaper but with super high land prices, small market cap, and security its tough. I always advice people do business in west first way easier to get loans, way more customers with big spending power. Then when you have experience try somalia which is very difficult. seen many amateurs lose money in somalia anything goes back home
You or business gettting attacked, extorted. Anything goes back home you can’t just enter and dominate market no govt that can protect you against terrorists competition and corruption.What do you mean by security ?
8.4 Million dollars? I very much doubt that number and does not make sense for 2004 somalia. But other then that the company idea is very good, Ill be posting my list shortlyThis factory in 2004 was opened for around 8.3 million which is even more money in 2024. Probably can open something cheaper but with super high land prices, small market cap, and security its tough. I always advice people do business in west first way easier to get loans, way more customers with big spending power. Then when you have experience try somalia which is very difficult. seen many amateurs lose money in somalia anything goes back home
Xamar even small 20x20 plots of land will cost you lots of money. Plus to get buildings and equipment into somalia is very expensive . this is soda facotry with lots of machinery i can see it be millions ver easily8.4 Million dollars? I very much doubt that number and does not make sense for 2004 somalia. But other then that the company idea is very good, Ill be posting my list shortly
people in west dont see this risk. doesnt even have to be arsenal can be local druggies and alcholils being sent to kill you by established businesses.You open a factory, push local businesses out of the way, they pay arsenal to blow your shit up![]()
people in west dont see this risk. doesnt even have to be arsenal can be local druggies and alcholils being sent to kill you by established businesses.
clan beefs also will result in your stuff being held hostage. hebel from your clan owes some money and now your truck and shipments being held hostage from something you have no control over. Somalia business is difficult as it gets. eveyone got hand out and you miss 1 key person and now you in deep trouble