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Dr_Osman

Puntland Is It The Next Qatar? By Dr Osman. Analysis and Hawk Eye Review

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Dr_Osman   

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6850455-financial-analysis--income-state

 

 

I have found there is alot of positive analysis on comparing Puntland to Kurdistan a similar federal autonomous state that is oil producing, however there has also been negative comparisons of puntland to that of Nigeria and there has been other analysis by people that are positive or negative but none of them I feel really reflect the reality on the ground in Puntland. For example Nigeria is totally different politically, population wise, and huge cultural difference to Puntland. The only thing the two share in common is their location in Africa and their oil.

 

Others have come closer and mimicked that Puntland could be like kurdistan where they share the same political framework, religion however there is huge population difference between the two and also the history and culture of the two are not similar at all. Kurdistan is anti iraq due to genocidal attacks committed by Saddam, so the two dont have the same outlook in that sense.

 

The closest I came to comparing Puntland would be Qatar for the following reasons;

 

1. Qatar population is 2 million very close to Puntland

2. Qatar is islamic and more importantely has strong traditional elders who provide a check and balance very similar to Puntland

3. Qatar economy is 70% based on Oil while they have an active financial sector. Bosaso is the financial heart of Somalia as of today and has the only operational and active banking sector in the nation with strong trading and enterpreneurship unmatched. It could be argued when the oil is in production mode it could provide the state with 70% of its revenue similar to qatar while still maintaing and investing in its financial sector.

4. Qatar oil has around the 25 billion proven oil reserves not all of which is recoverable, Puntland is around 19 billion in two of its basin and definitely more if offshore and mudug basin is included.

5. Qatar capital Doha is 400k, Bosaso is 700k

6. Qatar people is a nomadic society and clan orientated similar to Puntland.

 

As for Kurdistan its got 45 billion barrels of oil not all is recoverable but its proven oil fields, Puntland has 19 billion proven oil reserves also not all is recoverable however I think our oil field capabilities will be similar when offshore and mudug basin is accounted for or quite close other then that there is no similiarities in the two. Their population is 30 million for goodness sakes their human resource capital is 1000 thousand times more then Puntland.

 

In reality Puntland should look at its society, culture, traditions, political framework, economy, and population and try to find nations who match it and mimick those nations in our efforts to rebuild our region. My suggestion is we should follow the Qatar model and send a fact finding mission out there ASAP on how to manage our oil sector so maximum benefit can be realised by Citizens of Puntland and Residents (IDPS, Naturalized Puntlanders).

 

Puntland 2030

qatar_skyline.jpg

 

Lets get moving guys and kickstart Puntland into the new oil era so that all the people in our region can enjoy prosperity. Wa billahi Towfiq

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When did Iraq Kirdistan region get a 30 million population ? Also Puntland is not a separate entity or nation but a State of Somalia. Also let's wait for the results of the Oil findings and wish that it is large and that other parts of Somalia also have large reserves of Hydracarbons and minerals. The future is bright, it's blue & white.

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uchi   

Yeh we need to funnel the oil money to Mogadisho so we can rebuild it. Let's focus on building good roads & safe/secure terror-free environment for our large Somali's outside to return. Stronger Mogadisho is a stronger Somalia, let's work towards that goal in my opinion.

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Dr_Osman   

Duke, Kurdistan is 30 million as a whole and has potentially 100 billion barrels of oil http://www.prlog.org/10790410-iraqs-kurdistan-have-one-of-the-fastest-growing-economyreal-estate-and-population-in-the-world.html

 

The kurds have united network where all are investing into kurdistan. As for kurdistan proper is concerned its around 6 million for now but they have a pool base of 30 million of kurds to call upon to build their nation. Puntland doesn't match this population pool . Like I said If a matrix was done today on which area mimics puntland the boxes ticked would be more similar to qatar then kurdistan.

 

Puntland and Kurdistan Similiarties.

1. Same political framework federalism

2. Oil

4. Similar Religion

 

Puntland and Kurdistan Differences

1. Different Histories Kurdistan has been massacred and war ravaged, Puntland has been massacred but more important to us is how desolate it was was ama gaari-waa.

2. Major population differences

3. Major oil potential differences

4. Different cultures, Kurdistan doesnt have nomadic culture or traditional systems that works upon consensus

5. Kurdistan is more in the residential market like hargeisa then in the financial sector like Bosaso

 

 

Puntland and Qatar Similiarities

1. Strong Financial sector based economies. Thats what builds skyscrapers not residential markets

2. Oil potentials are quite similar. 25 billion barrels for qatar, 19 billion for puntland at this stage.

3. Populations are similar 2 million for qatar. 3 million for Puntland

4. Doha 400k population. Bosaso 700k

5. Religion is similar

6. Traditional systems are similar and nomadic culture which makes clans rich

7. Both areas are heavily contractor based societies. Puntland is already starting that by having asian, arab, ethiopian, and white foreigners in its region to develop key sectors and will continue to expand across the future.

8. Both were desolate regions prior to oil

 

Puntland and Qatar differences

1. Qatar is royal based system with check and balances from religious and traditional elders. Where-as Puntland is heading towards a multi party parlimentary democracy with check and balances from traditional elders.

 

Even the only negative difference between puntland qatar can be argued that puntland has historical monarchy that used be influenced by clan-elders and religious leaders to what qatar has today. However puntland history is royal based system so there is even similarity there if it was argued.

 

I have assessed every country in the world and if puntland decides to send a fact finding mission on good oil management I suggest they send one to Qatar which is very similar to Puntland. I believe the gulf states rich traditional elder system is the key fact why they became so rich, clans take care of each other, Where-as the diverse clan system in Nigeria and on top of that a dictatorship only favors one clan the ruling family and ignores the rest of the population.

 

I believe Puntland will prosper throughly thank god for the clan system it does have some benefits especially when its strong and enforceable upon the citizens. The clan elders do the right thing and will make sure the wealth goes all around but key projects will be implemented in Bosaso as it will be the financial heart and garowe the Political Zone.

 

The Foreign investment will start flowing and diaspora will all return and build. This will lead to a new boom where foreign investment is going hand in hand with diaspora and local investment with a strong state government with billions of revenue building the required infrastructure or space to enhance economic activity on the ground. In other words the govt will create the space and the people will make it viable.

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Dr_Osman   

Duke we have a strong educated population that knows what to plan for the state, we have a strong political framework with politicians setting up good governance so that people work with the government and not against it, The government will invest billions into infrastructure in order to create the space for productivity and a viable society. We have a strong business community locally and diaspora wide who will build the shiny towers and provide work opportunities for our locals which will lead to foreign investments flowing into various sectors across the board be it more

 

1. More investments in the fishery sector,

2. More oil well drillings

3. Tourism injections,

4. Manufacturing, Agriculture, Livestock Enhancements

5. Calls for multi nationals to relocate since the population will be wealthy, educated, and healthy which kick start foreign service markets. The importance of our strategic location in the indian ocean and red sea will make our state a base to have other governments in the world to use our ports as a transit especially in the more remote areas which will create excellent job opportunities and more cities growing. We will be taking full advantage of our strategic location in many ways

 

Dukey, The place will be in an industrial boom when you have all those forces working together in the background where-as right now we are in financial boom and its for us to lay the foundation and blue-print to allow Puntland to be the next Qatar

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Osman it seems you are confusing yourself. In one instance you are talking about a unified Kurdistan which does not exist, divided into four nations and with different sects example Alavi's, Sunnis and so on. Yet you are treating Puntland which is NE Somalia as a different from other Somali's when there is no real difference. Puntland is part of Somalia and it is richer in every way because it is part of Somalia.

 

You really need to get better arguments than this, also quantity is not quality.

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Dr_Osman   

Duke, mate these are the facts.

 

1. Same political framework federalism

2. Oil

4. Similar Religion

 

Puntland and Kurdistan Differences

1. Different Histories Kurdistan has been massacred and war ravaged, Puntland has been massacred but more important to us is how desolate it was was ama gaari-waa.

2. Major population differences

3. Major oil potential differences

4. Different cultures, Kurdistan doesnt have nomadic culture or traditional systems that works upon consensus

5. Kurdistan is more in the residential market like hargeisa then in the financial sector like Bosaso

 

 

Puntland and Qatar Similiarities

1. Strong Financial sector based economies. Thats what builds skyscrapers not residential markets

2. Oil potentials are quite similar. 25 billion barrels for qatar, 19 billion for puntland at this stage.

3. Populations are similar 2 million for qatar. 3 million for Puntland

4. Doha 400k population. Bosaso 700k

5. Religion is similar

6. Traditional systems are similar and nomadic culture which makes clans rich

7. Both areas are heavily contractor based societies. Puntland is already starting that by having asian, arab, ethiopian, and white foreigners in its region to develop key sectors and will continue to expand across the future.

8. Both were desolate regions prior to oil

 

Puntland and Qatar differences

1. Qatar is royal based system with check and balances from religious and traditional elders. Where-as Puntland is heading towards a multi party parlimentary democracy with check and balances from traditional elders.

 

Puntland is not similar to kurdistan, that region policy is based on I got massacred by Saddam. Puntland was desolate desert like Qatar it has the same beginnings which is more what puntland identifies with then I got massacred. It has similar histories in royalty, It has similar population pool, it has strong focus on financial sector, their similar in oil capacity, culture and religion. Kurdistan doesnt match this no matter which way you want to pull it. It doesnt tick off the boxes as much as qatar does.

 

Kurdistan is not similar to our nomadic culture, its not clan orientated, we dont have similar histories or beginnings, We only share our autonomous status but that doesnt answer how oil will be managed just because were both autonomous. Oil management comes down to what sort of government is on the ground and what are its influencing factors which is when population, traditions, religion, cities existing sectors and growth sectors.

 

In puntland clan elders will be influencing factor on how to manage and distribute wealth, the government is going to be official mouth piece only. Puntland ppl are more entrepenurial spirited so you can imagine this sctor will continue to thrive and skyscrapers building everywhere be it locally invested or diaspora invested or even foreign invested. Property market will boom also but it wont be key sector like the financial, service sector, fishery and livestock sector is since that is our roots or as we puntlanders call it our bread and butter sectors.

 

We may even see new sectors pop up like tourism(ideal landscape for it), manufacturing at large scale(govt n ppl are looking to be self sufficient), Agriculture (already started and most likely to expand at larger scale) plus a science/medical/technology sector which requires govt funding and educated population which seems like the track puntland is taking considering the huge leaps made in education in recent years.

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peasant   

Dr Osman adiga sida aad wax ku wado mar dhow puntland waadba ka goyn Somalia! bal sheekada yara deji sxb anagu weli somali baanu nahay

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Somalia   

peasant;794720 wrote:
Dr Osman adiga sida aad wax ku wado mar dhow puntland waadba ka goyn Somalia! bal sheekada yara deji sxb anagu weli somali baanu nahay

LOOOL

 

It's funny because of your username and who you are addressing, you are addressing the King, ;)

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The Kings of Puntland don't mind secession from Somalia as long as they can wear arabic clothing fart around on the beach and drink tequila.But this is unacceptable division based along clan lines the Garowe enclave is part and parcel of Somalia and Somalis will not accept secession. Even if oil is found it belongs to all the people from raaskaambooni to raas caseer.So osman stop comparing you're self to Qatar.

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