[OFFICIAL] Puntland Development News Topic

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[OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

Now that a portion of the Somali federal republic is moving towards heavy development, there is a need for a topic that highlights this progression of business activity in the region. This topic will be updated frequently.
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Dubai industrial giant Lootah Group signed a $46 million 10-year infrastructure development and civil services maintenance contract with Puntland, to be completed around 2015, and in development now. The contract is centered around Bosaso, which will altogether be turned into a free trade zone similar to the areas in Dubai and Doha.

Source - Ultimate Middle East (AME) Info
Lootah Group, a regional industrial group operating in Middle East and Africa, has signed incorporation agreements with the Punt Land State of Somalia Government, initially worth Dhs170m.

The newly born companies will strive to develop, manage and operate the Bosaso Airport, Seaport and a Free-Trade Zone as well as co-manage state customs.

According to the agreement, a set of new companies will be established. The Bosaso Airport Company will have a mission to provide leading airport aero-ground services. It will initialy work to complete the Airport Complex towards international standards including its new 3.4 km runway, taxi and apron areas, main and auxiliary buildings and security perimeters.

The Bosaso Seaport Company shall have a mission to provide attractive seaport services by increasing berth depths and maneuvering capabilities, increasing the quayside by 400%, and establishing a prefab concrete block shoulder at sea to protect basin from swell. The Bosaso Free Trade Zone over 500,000 square metres shall improve logistic services and cost/performance to all merchants and traders alike.

Integratia Business Group, a subsidiary of Lootah Group has also signed a professional services agreement to co-manage Bosaso Customs for the coming 10 years and introduce best practices that will increase agility to material movement, improve merchant satisfaction and add to state earnings. On the onset, all the current business areas; laws, bylaws, policies, standards, regulatory, work processes, human capacity, financial and technologies, will be developed and set to meet the international standards for safety, security as well as boost of overall effectiveness and effciency.

His Excellency, The President of the Punt Land State of Somalia Mohamud Musa Hirsi, welcomed the agreement saying:

These infrastructure and services initiatives are key to position our state on the fast track for growth. At the home of Africa, Bosaso is situated at the crossroad of business and trade. We should put all our effort to make the Punt Land State of Somalia a safe place for foreign investors, and help grow our economy. These new initiatives will also have a positive impact on the people of Somalia, as new job opportunities arise. We believe that this new partnership with Lootah Investment will help us reach a better future."

Ibrahim Saeed Ahmed Lootah, Chairman of Lootah Investment and Lootah Group, added:

"We are very committed to support the growth vision of his Excellency the President of the Punt Land of Somalia and we are very privileged to partner with the state government. We have carried out many projects across the region and we have the appropriate knowledge to help grow these initiatives to fruition and success."
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Re: [OFFICIAL] Puntland Development News Topic

Post by Coeus »

You mean official development on selling the countries Oil deals for small pennys, behind the back of the goverment. :down:
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Re: [OFFICIAL] Puntland Development News Topic

Post by Mzbeautifull »

Masha Allah .. good news :up:
Alhamdulliah glad ..my fam still have that land in bosaso ;)
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

5 major Somalia-based Telecommunications companies, including ones based in Bosaso, Xamar, and even Hargeisa - have partnered up during the Istanbul conference to bring unprecedented infrastructural and economic change to Somalia in a project worth over $300 million set to bring over 100,000 jobs to Somalia.

The 5 companies companies involved are Golis, Telesom, Nationlink, Hormuud, and Telecom Somalia

Source - Global Times/Xinhua
Five Somali companies signed an agreement here on Sunday to establish a joint company providing much-needed electricity and gas infrastructure to the under- developed country.

The agreement was signed at the sideline of the round table meeting after the closing of the United Nations' Somalia Conference in Istanbul.

Sharif Ahmed Said, director of the Somalia Business Council, said: "this project will give Somali people the peace dividend that has eluded them for so long."

The Trans-National Industrial Electricity and Gas Company will start with an investment of 1 billion US dollars from the partners and other investors.

The five companies, which asked to remain unnamed for the moment, will provide the initial 300 million dollars down payment. The five companies are all local, not international.

The remaining funding will be provided by individual, not institutional, investors and by the manufacturers themselves, Abdullahi Hussein, spokesman for one of the companies told Xinhua.

The company aims to implement the Somalia Peace Dividend Project, a labor intensive electricity and gas infrastructure program to provide these services for the new industrialization of Somalia, and will be carried out in two phases.

The first phase, expected to start in the next 6 months, will train and use the skills of young people to provide electricity to exclusive economic zones and communities.

A written press release said the workers will be able to improve their livelihood as they receive training to construct, install and manage the infrastructure, which will help "reduce poverty, find alternatives to looting, piracy and unnecessary violence and stabilize the country and bring lasting security and prosperity to Somalis."

The second phase where factories will be established in specially designated economic zones for the local transformation or for fisheries, livestock, agriculture and mining industries, is expected to go live in 12-18 months, which Hussein admitted as " optimistic."

Overall, the project aims to provide training and employment opportunities for an initial 100,000 jobs throughout Somalia and Somaliland.

Hussein said security was not a concern for the project, adding that "tribal democracy means we leave control and management to the locals, they are part of the company."
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Re: [OFFICIAL] Puntland Development News Topic

Post by Coeus »

Thanks for reporting this monk! This is the development im taling about! Not selling oil :up: :up: Somalis helping Somalis.
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Re: [OFFICIAL] Puntland Development News Topic

Post by grandpakhalif »

I might go to Bosaaso to promote my poltical party and open some business :mrgreen:
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Re: [OFFICIAL] Puntland Development News Topic

Post by DatBreh »

Is it $46 Million over 10 years or $46 Million every year for 10 years?
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

Puntland parliament today has unanimously voted for an anti-piracy bill which will allow the completion of the training of the new defense force that will more than likely be used to secure key areas of the region with the inclusion of helicopter support.

Source - Investor News/BBC/Radio Gaalkacyo
Dec 04, 2010 (BBC Monitoring via COMTEX) -- The parliament of Somalia's Puntland region has passed an anti-piracy bill in the region.

The parliament, which held its 25th session in Garoowe, the capital of Puntland, has unanimously approved the bill and said that the bill will support efforts by Puntland troops to combat against pirates in the region.

The ratification of this bill by Puntland lawmakers comes at a time when the government has announced massive operations against pirates in northeastern Somalia.

The government of Puntland has recently concluded training for hundreds of anti-piracy special forces in the region.
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

DatBreh wrote:Is it $46 Million over 10 years or $46 Million every year for 10 years?
Its $46 million over 10 years, which is $4 million per year. Most of it will be used for the main infrastructure, whatever is left will be used to create small economies like taxi services, which will also be managed by the Dubai-based company. Its not much but it will do a lot for one Somali city at the moment.
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Re: [OFFICIAL] Puntland Development News Topic

Post by Oxidant »

Coeus wrote:You mean official development on selling the countries Oil deals for small pennys, behind the back of the goverment. :down:
There are no Oil deals but explorations is happening. When the time comes. Somalia will be exporting Oil and will be getting a handsome return
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

Amidst reports of drilling south of Bosaso port region, Puntland's senior-most civilian and military leadership goes on to visit the turbulent Galgala region situated between Bosaso and the drilling zones to consult with elders and townspeople and to ensure them of their safety and to ensure them a better life quality.

Source - Horseed Media
Wefdi uu hoggaaminaayo madaxweyne kuxigeenka Dawladda Puntland Gen.Cabdisamad Cali Shire ayaa maanta booqasho ku tegay magaalada Galgala oo ka tirsan gobolka Bari halkaas oo hadda saldhig u ah ciidamadii dhawaan dagaalka uga saarey malayshiyaadkii taabacsanaa Shiikh Maxamed Siciid Attam kuwaas oo dagaal adag la galay ciidamada Puntland.

Wefdiga Madaxweyne ku xigeenka waxaa kamid ahaa Wasiirka Amniga ee Puntland, Wasiirka Qrosheynta iyo Iskaashiga Caalamiga ah, Wasiirka Xanaanada Xoolaha, Wasiirka Warfaafinta iyo Isgaarsiinta iyo wasiiro kuxigeeno dhawr ah.

Ujeedka Socdaalka madaxweyne kuxigeenka ayaa lagu sheegay in ay tahay sidii uu ugu kuurgali lahaa dib u dajinta iyo dib u soo noqoshada dadkii ka barakcay Galgala, kadib dagaaladii halkaas ka dhacay, iyo in ay ka warhayaan ciidamada difaaca ee ku sugan Galgala.

Wefdiga Madaxweyne ku xigeenka ayaa kulan la qaatey odoyaasha iyo bulshada ku dhaqan magaalada Galgala, waxaana kulankaas goobjoog ka ahaa Taliyaha guud ee difaaca Puntland Gen.Siciid Maxamed Xirsi (Siciid Dheere), odoyaasha dhaqanka ee Galgala waxaa hoggaaminaayey Xuseen Gurxan Geedi.

Madaxweyne ku xigeenka Puntland ayaa kulankii gaarka ahaa ee uu la qaatey duqeyda Galgala ay diirada ku sareen sida ay dib ugu soo noqon lahaayeen dadkii ku barakacay dagaaladii dhexmaray Ciidanka Dawladda Puntland iyo Malayshiyadii daacadda u ahayd Maxamed Siciid Attam. Gen.Cabdisamad ayaa sheegay in Puntland oo kaalmeysanaysa hay’adaha caalamiga ah in ay soo gabagebeeyeen qaabkii iyo habkii dadka qaxay dib loogu soo celin lahaa.

Wefdiga Madaxweynaha ayaa loo sheegay in qaarbadan oo kamid ah dadkii ka barakacay Galgala ay dib ugu soo laabteen halkaas noloshuna ay caadi ku soo laabatay.

Madaxweynaha Puntland ayaa sheegay in ciidanka Puntland ee ku guuleystey in ay ka saaraan Malayshiyaadkii halkaas isku urursadey, aysan weligood ku sugnaan doonin, hawlo badan ayaa jira waxaana la reebayaa ciidamo gaar ah kuwaas oo ka hortaga in aan mardanbe la caburin shacabka Galgala ayuu yiri Gen.Cabdisamad.

“Galgala isha ayaan ku hayneynaa markasta mana oggolaaneyno in ay dib danbe ugu soo laabtaan malayshiyaadkii halkaan laga saarey” ayuu yiri Madaxweyne ku xigeenka Puntland.

Gen.Cabdisamad Cali Shire ayaa sheegay in dhawaan shir lagu qaban doono magaalada Garoowe shirkaas oo loo qaban doono beesha halkaan iyo deegaanada ku xeeran deggan iyo weliba bahweynta guud ee Puntland, waxaana shirkaas looga arinsanayaa sidii loo soo afajari lahaa wixii ka dhashey dagaalkii Galgala kadib, shirkan ayaa waxaa horey u iclaamiyey Madaxweynaha Puntland Dr.Cabdiraxmaan Faroole.

Madaxweyne kuxigeenka Puntland ma sheegin xiliga laga daadgureynaayo ciidamada Puntland magaalada Galgala, waxaase loo badinayaa in ay noqon doonto marka uu qabsamo shirka looga hadlaayo xalinta iyo dhamaystirka dhibaatooyinkii ka dhashey dagaalkii Galgala, kaas oo ka dhici doona casimadda Puntland ee Garoowe.

Dhanka kale waxaa ka hadley kulankii maanta ka dhacay magaalada Galgala wasiirka Amniga Puntland Yusuf Axmed Kheyr, wasiirka ayaa ku dheeraadey dhibaatooyinkii ka taagnaa deegaanada Galgala ka hor intii aan dagaalka looga sarin malayshiyaadkii halkaas deganaa ee uu hoggaamin jirey Maxamed Siciid Attam, waxaana uu sheegay in hadda wixii ka danbeeya baab cusub furmey isla markaana laga wada shaqeynaayo adeegyadii laga hor istaagey deegaanka.

Duqa magaalada Galgala oo ka hadley kulankii maanta (Sabti) ayaa dhankiisa sheegay in xaaladda magaaladu aad u wanaagsan tahay isla amrkaana isfaham aad u wanaagsan uu ka dhexeeyo bulshada ku dhaqan Galgala iyo ciidamada Puntland, Guddoomiyaha ayaa sheegay in loo baahan yahay in la dhamaystiro adeegyada magaaladu u baahan tahay.

Wefdiga Madaxweyne kuxigeenka Puntland ayaa dib ugu soo laabtey magaalada Bosaso, halkaas oo ay ku sugnaayeen maalmihii u danbeeyey.

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Re: [OFFICIAL] Puntland Development News Topic

Post by Coeus »

Oxidant wrote:
Coeus wrote:You mean official development on selling the countries Oil deals for small pennys, behind the back of the goverment. :down:
There are no Oil deals but explorations is happening. When the time comes. Somalia will be exporting Oil and will be getting a handsome return
But it must be good deals and we gotta have a smart goverment that is against corruption.
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

A month prior to the training of the new security force, a ship leaving Port Sudan city docked at Bosaso port for a massive weapons delivery.

Source - All Headline News
Abdi Hajji Hussein - AHN News Correspondent

Bosaso, Somalia (AHN) - A Panama-flagged ship loaded with military weapons docked at the seaport of Puntland’s commercial town of Bosaso, witnesses said Monday.

The ship, the Noora Moon 1, is said to have brought weapons to the administration of Somalia’s semi-autonomous state, according to Horseed Media, a local radio station based in Bosaso.

Eyewitnesses said they had seen different types of arms including military vehicles, heavy and light weapons and other military equipment.

Movements at the harbor were put on hold and workers ordered to get out of the port.

Puntland authorities have not released any statement about the cargo.
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Re: [OFFICIAL] Puntland Development News Topic

Post by Monk-of-Mogadishu »

A fiery recent editorial (now removed) from Garowe Online on the UN's arms embargo accidentally leaked not-yet-known information that the aircraft intended for Puntland will be attack helicopters. The story was immediately removed from Garowe Online but still remains on other websites, namely AllAfrica.com. The information accidentally leaked was put out there by Garowe Online staff, who are all close to the Puntland leadership. You can read the entire editorial below.

Source - All Africa
Unless, there are Western governments who are unhappy, who are in fact terrified, Puntland will have helicopters to hunt down Al Shabaab and Al Qaeda terrorists.
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Re: [OFFICIAL] Puntland Development News Topic

Post by Coeus »

Monk-of-Mogadishu wrote:A fiery recent editorial (now removed) from Garowe Online on the UN's arms embargo accidentally leaked not-yet-known information that the aircraft intended for Puntland will be attack helicopters. The story was immediately removed from Garowe Online but still remains on other websites, namely AllAfrica.com. The information accidentally leaked was put out there by Garowe Online staff, who are all close to the Puntland leadership. You can read the entire editorial below.

Source - All Africa
Unless, there are Western governments who are unhappy, who are in fact terrified, Puntland will have helicopters to hunt down Al Shabaab and Al Qaeda terrorists.
Good message. But not good idea. Lets hope the US doesnt act stupid and make a big deal of this article.
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