‘Somalia’s political leadership has taken bold steps towards political stability which is crucial for this country, it is evident that the structures for doing business in Somalia are slowly coming to play and the opportunities for rebuilding this great nation are many to interested parties. The Somali Investment Summit will showcase opportunities in energy, infrastructure, telecommunications, real estate, agriculture, fishing, education and health industries.’
Many investors have already expressed an interest in establishing businesses in Mogadishu, Somalia’s capital city to follow in the footsteps of Coca-Cola, Turkish Airlines, Africa Oil, Range Resources and SKA who have all recently set up offices in Somalia. Companies are currently travelling to the area to ascertain the prospects of doing business in Somalia as the financial rewards look to be huge for those who are first to establish themselves in Somalia.
The Somalia Investment Summit (SIS) is the official government backed event for 2013 to focus on the abundant opportunities and exciting future ahead in the rebuilding of Somalia. ‘‘Thanks to our government and industry supporters SIS is well positioned to be the first Somalia Investment Summit to bring together 250 senior representatives from both government and private sector companies ‘’ said Rob Percival from the co-organisers Global Event Partners Ltd.
The summit has been endorsed by the Eastern Africa Economic Chambers of Commerce which lobbies for intra Africa Trade and sees Somalia as a strategic business partner for regional businesses.
SIS will provide a platform for ministries and Somali government departments to engage with international and local investors to showcase the abundant opportunities available throughout country. Participants will have the opportunity to share knowledge, explore current challenges and examine the most prominent investment opportunities in Somalia. Programme and speaker announcements will be published on the website Somalia-invest.com