The future potential export industries of Somalia

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Khalid Ali
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Re: The future potential export industries of Somalia

Post by Khalid Ali »

WestLdnShawty wrote:Add Gemstones to the list... :up:

http://weerar.wordpress.com/2008/03/16/ ... omaliland/
Thats somaliland re read the topic
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Re: The future potential export industries of Somalia

Post by DisplacedDiraac »

It can also be found in Somalia.. :up:
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Re: The future potential export industries of Somalia

Post by Coeus »

Somalia has also the longest Coastline in Africa (more than 3300 kilometers) and our very own Economical Exclusive Zone wich is 825,052 EEZ km2

Image

Fishing

The Somali Fishing industry was established of foreign Soviet Aid. In the goverments effort of developing the fishing industry and also as a part of the Nomad resettling program for nomads displaced by the droughts 1974, the goverment did take some measures to reorginaze the traditional fishermen into Co-operatives. By providing modern fishing Equipment and training, the goverment established a New Company, the Somali fishing Company for deep sea fishing and the exporting to foreign markets. 21 Co-operatives where created and played a Major role in the 5 year-development plan and were given priority 1979 Budget.
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Re: The future potential export industries of Somalia

Post by Khalid Ali »

WestLdnShawty wrote:It can also be found in Somalia.. :up:
Ok waa gartay
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Re: The future potential export industries of Somalia

Post by Coeus »

WestLdnShawty wrote:Add Gemstones to the list... :up:

http://weerar.wordpress.com/2008/03/16/ ... omaliland/
Thank you for the contribituion, i will look for more information regarding these minerals. :up:
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Re: The future potential export industries of Somalia

Post by ZubeirAwal »

All somali inhabited lands are blessed with resources,be it, minerals,oil,gems,livestock,fish etc..it's just that we don't know how to utilize it. :P
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Re: The future potential export industries of Somalia

Post by XaliimoFarax »

Mashallah indeed we are blessed but the most important resources of all resources we are missing HUMAN RESOURCE.
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Re: The future potential export industries of Somalia

Post by Coeus »

Manufacturing

Somalia never had a heavy large Manufacturing sector. However there is a list of things the country did Produce or refine.

The Industrial Economy of Somalia comprised of
sugar refinery industry,
textile industry (Created first by the goverment owned Somali textil Company)
Petroleum refinery industry

Other goverment funded industries was the

Ciggarete Industry
Grain-processing Industry
Somali Match Industy
Package Industry

Other new goverment funded factories were Leather and foot wear manufacturing, Pharmaceutical products,Aluminium utencils, Soap powder and electoral fittings and detergents.
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Re: The future potential export industries of Somalia

Post by Coeus »

The mining sector made a small contribution to Somalia's exports and economy in general. The country also had deposits of feldspar, iron ore, kaolin, limestone, natural gas, quartz, silica sand, tin, and uranium.

Sadly because of the ongoing conflict and the increase of corruption, the Somali goverment announced that the Mining sector only contributed 3% to the overall Economy. And in the end of the 80´s the sector seized to exist.
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Re: The future potential export industries of Somalia

Post by Monk-of-Mogadishu »

Industries/Factories in Puntland:

-Bosaso Tannery; 52 branches across Puntland, 1,000 employees -> Produces 2,500 pieces of skins and 300 pieces of hides per day. Exports to India, China, Italy, Ethiopia, Pakistan, UAE.
-Xiddig Boat Company; Produces the following fishing boats -> Afdheer (1.9 Meters long), Volvo (8.5 Meters long), Lula (6.2 Meters long), Leyla (6 Meters long)

Fisheries:

-Barwaqo Fishing Company -> buys & sells fish for distribution
-IFBMP Fishing Boats Maintenance Professional Association -> repairs boats & engines and trains mechanics
-Suudi Company Fishing Gear and Marine Engine Traders -> imports and sells marine gear & engines
-Las Qoray Tuna Factory -> 1,000 Employees; Exports to Australian and Asian market
-Xabo Tuna Factory
-Qandala Tuna Factory
-PERSGA -> Provides relevant training for staff of the Fisheries Ministry of the state
-Shafici -> Provides training to young Fishermen
-OTP -> Supports artisinal fishermen
-Bile Company -> Buys and sells shark fins
-Dhegig Company -> Buys and sells shark fins
-PERSGA -> Maintains shores by planting mangrove trees
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Re: The future potential export industries of Somalia

Post by Coeus »

Great :up: :up:

Puntland suprises me all the time :up: :som: :som:
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Re: The future potential export industries of Somalia

Post by Coeus »

AbuukarSubeer wrote:All somali inhabited lands are blessed with resources,be it, minerals,oil,gems,livestock,fish etc..it's just that we don't know how to utilize it. :P
Diaspora and its relationship with the goverment is the Key my friend :up:
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Re: The future potential export industries of Somalia

Post by Aseelah-Raaida »

Monk-of-Mogadishu wrote:Industries/Factories in Puntland:

-Bosaso Tannery; 52 branches across Puntland, 1,000 employees -> Produces 2,500 pieces of skins and 300 pieces of hides per day. Exports to India, China, Italy, Ethiopia, Pakistan, UAE.
-Xiddig Boat Company; Produces the following fishing boats -> Afdheer (1.9 Meters long), Volvo (8.5 Meters long), Lula (6.2 Meters long), Leyla (6 Meters long)

Fisheries:

-Barwaqo Fishing Company -> buys & sells fish for distribution
-IFBMP Fishing Boats Maintenance Professional Association -> repairs boats & engines and trains mechanics
-Suudi Company Fishing Gear and Marine Engine Traders -> imports and sells marine gear & engines
-Las Qoray Tuna Factory -> 1,000 Employees; Exports to Australian and Asian market
-Xabo Tuna Factory
-Qandala Tuna Factory
-PERSGA -> Provides relevant training for staff of the Fisheries Ministry of the state
-Shafici -> Provides training to young Fishermen
-OTP -> Supports artisinal fishermen
-Bile Company -> Buys and sells shark fins
-Dhegig Company -> Buys and sells shark fins
-PERSGA -> Maintains shores by planting mangrove trees
Masha'allah :clap: Image
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Re: The future potential export industries of Somalia

Post by Coeus »

Im afraid i have also missed the big elephant in the room. Im talking about Somalia´s Telecom communications sector & Money transer services. It is so far the largest Somali sector that employs most Somali workers.

Here is some comments about the Somali Communication Industry:
Somalia has the cheapest cellular calling rates on the continent, with some companies charging less than a cent per minute. Competing phone companies have agreed on interconnection standards, which were brokered by the United Nations funded Somali Telecom Association. Installation time for a land-line is just three days, while in neighboring Kenya waiting lists are many years long.
Also the important Indigeneous Industry is the Xaawalo Industry. Africa has never seen this before, yet the use of Somali Xaawalo by foreigners is increasing at a fast rate. Dahabshiil is the largest African money transfer business with 24,000 agent locations and branches worldwide. This undoubtly makes Dahabshiil a worldwide Competitor, employing many Somalis and improving the Somali economy.
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Re: The future potential export industries of Somalia

Post by Monk-of-Mogadishu »

^ Those are services. Somalia needs industries. Today, the only functioning industries are in PL and a few in SL. The most skilled people in the south either fled the country or went to Bosaso. Today the largest commercial farms outside of the south are in Bosaso, and the owners are rich and skilled plantation owners from places like Kismayo. The south had a brain drain and all the talent fled north. The only group of skilled people in the south, who took over the abandoned farms, are the Jareer and Rahanweyn, but they lack networking and governing skills and cannot capitalize on their talent nor run administrations. The last talented/skilled people in the south are the ones with the authority unfortunately.
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