Logistic

Somalia bids for the future with new $643mln airport

Somalia has attained relative success in the global scene recently. Since November last year, it was removed from the UN sanctions list and an arms embargo. It also got its $5 billion external debt forgiven and joined the East African Community, the eight-nation.
Most recently, Mogadishu was elected to the UN Security Council. Officials say these opportunities mean the world is ready to deal with Somalia as a partner rather than a needy state. Investment, trade deals and mutual security cooperation will now be routine, they argue.
Fardowsa Osman Egal, the Somalia Minister for Transport and Aviation, highlighted the significance of the new airport in this project.“It is a long dream that is happening now, right in front of our eyes. Due to the capacity and function of the current Mogadishu airport, which only has one runway, this new international airport will help us increase international flights,” she said.“The planned state-of-the-art airport and modern port will serve as vital infrastructure, creating a financial zone that is expected to attract local as well as international investors.”
New seaport
The New Mogadishu Maritime Port is designed with better facilities, including security for travellers, as Mogadishu seeks to raise its game to compete with bigger players in the region.
The seaport, for instance, will be strategically located along the Indian Ocean to serve as a key gateway for international trade, connecting Africa to the Middle East, Europe and Asia.
Speaking on behalf of the Somali business community, Mohamud Abdikarim Gabeyre, Chairman of the Somali Chamber of Commerce and Industry (SCCI), welcomed the creative plan.“New Mogadishu, on the northern outskirts of the capital, is a project we welcome since we noted that the Somali business community will get the priority of the investment, and we hope it will be successful,” Mr Gabeyre said.
President Mohamud had earlier inaugurated the Gateway Complex, a $400 million project earmarked to transform Somalia’s capital by introducing the country’s first five-star hotel.
Managed by the Rotana hospitality group, it will also feature an international convention centre capable of hosting up to 5,000 participants at a time.
Additionally, the project is envisaged to be complemented by a new hospital, an elite education centre, and a mix of shopping, residential, and leisure facilities.
The Horn of Africa country, including its capital Mogadishu, has long suffered from anarchy and terrorist attacks. Its leaders are striving to pave the way for new hope in development.