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SOMALILAND: VP in hunt for prospective investment

June 9, 2012 · 3012714 Comments2012-06-09+20%3A09%3A52goth+Mohamed

“Our people should rest assured that we are steadfastly working for the good of the country and as leaders, we appeal and urge for stability and calmness”.

The Vice President H.E. Abdirahman Abdillahi Ismael (Zailai) has embarked on a one week trip to Sweden on an official visit.

The VP who spoke with the The Horn Tribune last night from Addis Ababa, Ethiopia in a brief telephone conversation said that his delegation would have a hectic six day itinerary at the Swedish capital of Oslo courtesy of invitation by Somaliland Diaspora.

He revealed that his top priority for the mission was to lobby and solicit for investments prospects for the country.

H.E. Zailai said that he is scheduled to meet several members of the Swedish government and Parliament and also prospective investors amongst other officials.

He explained that he would discuss with the Swedish government issues pertaining to Somaliland economic development.

Asked by the editor Mohammed A. Egge on his message to Somalilanders concerning this trip, the VP quipped, “Our people should rest assured that we are steadfastly working for the good of the country and as leaders, we appeal and urge for stability and calmness”.

He was to jet out of Addis Ababa at mid night yesterday.

While at the Ethiopian capital, he met the Swedish and other European ambassadors whereby they discussed bilateral relations between the respective countries. He said that he met with the Ambassador UK to Ethiopia on Saturday.

Earlier on, prior to visiting Ethiopia the VP sojourned at Djibouti where he met both the President Ismael Omar Gelleuh and his Premier Dileita Mohammed Deleita. His entourage consisted of Deputy Public Works Minister Ali Abdi Sai’iq Presidential Political Adviser Mr. Abib Dirie Nour and Gabiley Deputy Mayor Khadra Haji Geid.

By M. A. Egge

Somalilandpress

June 9, 2012

Follow @somalilandpress

By goth Mohamed

Tags: Ethiopia, Somaliland news, Sweden, Vice President

moemoney says:

This is very important. Reaching out to the Somali communities all around the world that have contacts in their respected countries. Large scale investments can be seen by showing the opportunities to investors of development funds.
The mind set should change slowly from failed state to an emerging country. Only with more and more nations recognizing the success.

4:11 pm on June 9, 2012

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AntoninusPius says:

"A truth that's told with bad intent
Beats all the lies you can invent"!

5:26 pm on June 9, 2012

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osman5 says:

Mr. Saylii is doing doing a great job for his country. The government of Somaliland is effortlessly promoting Somaliland's cause to the world. The West will definitely engage economic development initiatives as it sees the Somalilanders are ones who are leading the way for investments.

Osman Qaal

8:51 pm on June 9, 2012

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- Mohamed Yusuf says:
  
  Is he? Let us all hope that your prayers will be answered, but most importantly let us just wait for a while and see what the guy is capable of doing.
  Long live SOMALILAND
  
  9:36 am on June 10, 2012
  
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moha says:

keyse
meet your doom soon insha allah

3:54 am on June 10, 2012

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mohamed cheers says:

The vp of JSL H.E. MR Zailai is top class distinguished dignitary gentle person who's known
to be moderately well grounded and straight forward in dealing with all kinds of political issues.
I have no doubt that the vp means what he says and that the JSL should be proud to have
good dignitaries of the vp's kind nature of perfect integrity in dealing with difficult issues in professional timely fashion. Unforgetable case was how he handled the Kalshale crisis and many other
issues. Bon voyage off to Sweden and back safely home sweet home.
Cheers.

5:19 am on June 10, 2012

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issuemess says:

Great progress! …(btw the capital of Sweden is Stockholm. Oslo is the capital of Norway)

8:38 am on June 10, 2012

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osman5 says:

Kayse,
please be a bit civilized and stop the malicious person attacks towards Gobaad. You might fool one or two people but you can't fool the entire audience.. your mediocre attacks went beyond the lines.

Osman Qaal

11:31 am on June 10, 2012

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Kayse says:

Waad igu walaaten. Everyone is Kayse to you guys just as every southern Somalis are "Morgan, Gani and Siad" to you. Who needs medication now?

Gobaad is my sister but she has been brainwashed too much and has not been back home for some time, I have nothing against her and I find her comments amusing…baryahan imay odhan "Mr bombastic"…

7:39 pm on June 10, 2012

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- mohamed cheers says:
  
  warac finnaxaaar kkkkkkkkkk
  Cheers.
  
  9:01 pm on June 10, 2012
  
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Cimraan says:

Kayse the Alien snake head is complaining . I touched . Gobaad is an amazing SL Brave and a true patriot. The unholly alliance of F**ASH, pirates and minions of the bandit Professore would not contain her.

2:58 am on June 11, 2012

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Eabubeker says:

I am Ethiopian immigrant in USA wanting to invest in Somalia. I wonder if it is safe for an Ethiopian even to consider?

6:20 pm on June 11, 2012

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- Jambazi says:
  
  Why not invest in your country of birth Ethiopia. With annual GDP growth of 10% Ethiopia is the second fastes growing economy in Africa. Surpassed only by Angola with annual GDP growth of 19%, and mind you Angola is heavily dependend on oil which drives economical growth. However, Ethiopia's economical groth is multi-faceted and it is highly promising, offers a good rate returns, and besides, and unlike somalia, Ethiopia is stable with strong legal enforcement and despute arbitration mechanism. In short, your investiment is safe in Ethiopia. But presently, to invest in somalia is very risky.
  
  7:06 pm on June 11, 2012
  
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Cimraan says:

I believe Somaliland is a good bet to invest in. The economy is more liberal and free. There are no restrictions on money transfer. I believe Somaliland is the most free any where when it comes to money. NO RESTRICTIONS AT ALL. NOW THAT IS what they call free economy.Banks are beginning to establish themselves in Hargeisa. The country is stable and the return on investment is as good as Ethiopia if not more. I can say the economy growth rate of Somaliland is excellent. recently a group of Djibouti business men invested more than $15 million in brand new coca cola company near Hargeisa. That bro, votes for the Stability, confidence and the absence of risk in the Somaliland economy.

8:52 am on June 12, 2012

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