What a great news.
It's a major step for SL in general and Hargeisa in specific.
It would attract far more investments and capitals flow than ever!
No business will grow in city where a 1kb of electricity is worth 1$ !!!!
Not to mention the positive impact on the lives of locals where they can save more money and spend it
on consumption (non-Qaat products of course) Qaat should be banned though, or else it's better to sell the electricity
to the public on its current rates.
However, it should not be limited to Hargiesa.
Borama, Hargiesa and Burco are the 3 largest cities in SL, more than 50% of the population of the whole country
is in these cities, so it's a very lucrative and viable investment considering the existing potential market.
Plus, their relative proximity to the Ethiopian borders which would cut down the cost and make it even more
investment friendly and a save choice .
Preferably, a co-op type of company should be established ASAP. Such guaranteed projects MUST be nationalized and
owned by Landers. With proper government reforms, the return on investment and taxes would give a substantial boost to our economy in matter of 5-7 years.
