Hiiraan Online
Saturday December 9, 2017
Mogadishu (HOL) - The Somali government is working hard to improve the business environment in the country and make it a more preferred investment destination, Villa Somalia said on Friday.
Somali president, Mohamed Abdullahi Farmajo and six other heads of State have gathered in Sharma El-Sheik to discuss on bolstering of investment and economic ties
The president said the Horn of Africa nation is ripe for investment after recovering from decades of decades of anarchy and civil war.
"Our government is committed to improving the investment environment to create a win-win situation, all stakeholders would benefit from investment key to Nabad (peace) & Nolal (life)," said the president in a twitter post.
During the African Business Forum 2017, Somali President is expected to hold talks with the leaders from the continent on investment and strengthening Somalia's relations the countries in the continent.
The theme of the forum is "driving investment for inclusive growth" and will be concluded on Saturday.
The forum comes barely four days after Somali leaders called for greater investment in Somalia's economic development to create job opportunities and improve the living conditions of Somali people following the conclusion Somali Partnership Forum in Mogadishu.