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Dr_Osman

Why Is Puntland In Such Boom Era?

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Dr_Osman   

This is going to be tough question for people to answer, and some may say Puntland is booming because it has relative peace which is true, however so do other regions of somalia like somaliland, galmudug, rra-land and the amount of projects occuring there wuxu yahay far ku tiris, you can literally count them. However in Puntland there so many its ridiculous wallahi!!! See below the stats of ongoing projects

 

Garowe

Currently in the pipeline for the city is;

 

1. Parliament and Presidential Palace

2. Shopping Center

3. National Medical College, a Mental Health Facility and also a women center

4. Multi-Plex Center(To host the only grassed stadium in Somalia)

5. Airport

6. Oil Development

7. The routine road maintenance, new road openings and residential developments.

 

Bosaso

1. Golis, Tawakal, Iftin headquarters

2. 5 major roads being paved in the city

3. Agriculture boom with irrigation systems opening up

4. Oil Development

5. Port capacity being expanded

6. SEPCO Public Electricity Provider

7. New Market Zone

8. The Usual residential developments, road maintenance,

 

Galkayo

1. Major road rehabilitation from galkayo to garowe the complete stretch

2. Mudug Regional Hospital

3. Brand New Airport Terminal and runway upgrade

4. Electricity and Water Services Expansion

5. The usual residential developments

 

Qardho

1. Infrastructure rehabilitation particularly police stations and roads.

2. Commercial and Residential Boom occuring at fast rates

3. Brand new university campus being built for east somalia university

4. Government House

 

Waciye

1. Residential boom

 

Ceel Dahir

1. Residential Boom

 

Carmo

1. Residential and Commercial Boom

 

Off The Road projects delivering health and infrastructure initiatives occuring in the following zones

1. Bayla, Dhahar, Garacad, Hafun, Eyl, Bendar Ziyada, Jariban and many other remote cities off the tarmac road

 

So the question still stands, why is their a unprecedented rise in construction in Puntland compared to the rest of Somalia? we know peace plays a role, but the disparity among even peaceful regions is quite absurd runti!!! they're has to be better answer then that, which makes logical sense of this constant construction occuring all over puntland and not just one or two cities but the whole state!!!

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nuune   

Che -Guevara;804244 wrote:
Was this statement or question?

Diktoorka is taking Puntland with him, his updates are quite amazing though he over kills it sometimes like when said Puntland will send military satellite into orbit, markaas baan gacan u taagey.

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Carafaat   

Dr_Osman;804239 wrote:
.......

 

So the question still stands,
why is their a unprecedented rise in construction in Puntland compared to the rest of Somalia
? we know peace plays a role, but the disparity among even peaceful regions is quite absurd runti!!! they're has to be better answer then that, which makes logical sense of this constant construction occuring all over puntland and not just one or two cities but the whole state!!!

http://reliefweb.int/node/478446.

 

http://www.studentpulse.com/articles/579/somali-piracy-causes-and-consequences

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nuune   

^^ Don't belief what every website writes, it is like that article about higher level of Somali business in Kenya which suggested it was as a result of piracy ransom money, they based their research on few boats that pirates got some ransom money, and that money made its way into every Somali business in Kenya.

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Carafaat   

nuune;804254 wrote:
^^ Don't belief what every website writes, it is like that article about higher level of Somali business in Kenya which suggested it was as a result of piracy ransom money, they based their research on few boats that pirates got some ransom money, and that money made its way into every Somali business in Kenya.

That article is based on a UNODC. its the lowest and most carefull estimation mentioned amount of Piracy rantsom.

 

In 2011, pirates made some $170 million in ransom money for hijacked vessels and their crews. That figure represents an increase since 2010, when ransoms paid amounted to over $110 million, according to UNODC.

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nuune   

Carafaat;804264 wrote:
That article is based on a UNODC. its the lowest and most carefull estimation mentioned amount of Piracy rantsom.

Forget about those dogy UN agencies for a second, common sense dictates that 170 million and 110 million is nothing when remittance alone amounts to more than $2billion a year, just for the sake of argument divide that amount to the 18 regions of Somalia, we are only talking about remittance money alone here, you do the math!

 

170 + 110 million made in two years divided by hundreds of pirates plus scavenges, dealers and brokers all want their share of that ransom , what will that do for an economy, will that build even a hotel, a university, a hospital, an irrigation system, that ransom money does nothing when the country's GDP has grown to $5.731 billion in 2009 and projected increase of 2.6% for 2010, and more for 2011, even more increase for 2012.

 

The economy is not based on ransom money, it is based on manufacturing, finance, hospitality sector, telecommunication, media, real estate, natural resources, agriculture, export & import, energy, livestock, imports alone were $798 million in 2006, what about 2007, 2008, 2009, 2010, 2011, don't you expect huge increase.

 

 

 

It doesn't actually make sense when a progress is termed with piracy ransom money, I think political xamaasad and caadifad is taking us all into the fourth dimensional cosmic explosion.

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Carafaat   

Garowe

Currently in the pipeline for the city is;

 

1. Parliament and Presidential Palace

2.
Shopping Center

3. National Medical College, a Mental Health Facility and also a women center

4. Multi-Plex Center(To host the only grassed stadium in Somalia)

5. Airport

6. Oil Development

7. The routine road maintenance, new road openings and residential developments.

 

Bosaso

1. Golis, Tawakal, Iftin headquarters

2. 5 major roads being paved in the city

3. Agriculture boom with irrigation systems opening up

4. Oil Development

5. Port capacity being expanded

6. SEPCO Public Electricity Provider

7. New Market Zone

8. The
Usual residential developments,
road maintenance,

 

Galkayo

1. Major road rehabilitation from galkayo to garowe the complete stretch

2. Mudug Regional Hospital

3. Brand New Airport Terminal and runway upgrade

4. Electricity and Water Services Expansion

5. The usual residential developments

 

Qardho

1. Infrastructure rehabilitation particularly police stations and roads.

2.
Commercial and Residential
Boom occuring at fast rates

3. Brand new university campus being built for east somalia university

4. Government House

 

Waciye

1.
Residential boom

 

Ceel Dahir

1. Residential Boom

 

Carmo

1. Residential and Commercial Boom

 

You can build a lot of houses and shops from 280 million dollar. If you look at your calculation of the Somali economy being 5 billion US dollar and it increased 2,6%. Well then 1% equals 50 million, and 280 million which equals more then 5% of the economy. So one can state that a 2,6% increase of the economy is caused by Piracy business.

 

Nuune, numbers iyo economy xamasad malaha, umada aya leh. :D

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