Tallest building ever is being built-up in Mogadishu | 11 floors
- Thread starter TimaJilic
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Is it a hotel?
Unfortunately it will be targeted
W
What's the gdp gonna look like once the oil revenue comes in?
Bruv the uae has 97 billion barrels of oil. Somalia is expected to have at least 110 billion barrels of oil, this will significantly boost our economy by a trillion percent plus we have gas , uranium and fish and maybe gold who knows!
Security comes first young man
Jeesto
VIP
@TimaJilic where did u find this? Do you know how the render looks?
I find this on fb, someone posted, it's a hotel, laga dhisayo Lido beach, there was render, the posted this and said it's coming on Lido beach.
embarassing
VIP
There are already buildings that are taller, it's not the tallest.
But uae gdp is 300 billion. That is a lot of oil! damn. No wonder they want to bait somalis into fighting each other. As long as we let this qabil bullshit control us, we are a defeated ppl!
Give Somalis a peace and they will build more than just 11 story building this is nothing compared to what Somali entrepreneurs are building in neighboring countries like Kenya.
W
What's the gdp gonna look like once the oil revenue comes in?
50% of oil at the moment is used for gasoline.
Most first world countries have mandated that all cars will be electric by the mid 30s.
By the time we find oil, map it, build infrastructure to extract and transport it; the price of oil will be below $30.
Extraction costs will probably be around $20 (offshore mainly).
We won't the see more than a quarter of a shilling (royalties and tax will be abysmal).
Even at 1 million barrels per day we won't make more than a billion a year.
Don't put your hopes in oil.
Let's look for lithium deposits instead and prep for the future.
We've already missed out on two centuries of advancing with the world and we cannot afford to lose out again.
Yeah but i just don't see them forcing everyone (especially car lovers) to give up petrol cars that easily. You however have highlighted a good point, we should look for more materials such as gold that won't lose value in the near future.
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