Establishing more developmental struggles, The President of the Federal Republic of Somalia, His Excellency Hassan Sheikh Mohamud, based on the importance of strengthening our country’s production, has cut the ribbon of the Banadir Steel Factory, a new factory that produces steel for building houses, using recycled steel.
ESTABLISHING MORE DEVELOPMENTAL STRUGGLES: STEEL PRODUCTION FACTORY
Establishing more developmental struggles, The President, who inspected the various parts of the factory, indicated that the Federal Government of Somalia is committed to encouraging and supporting Somali citizens who invest in their country, so that they can play a significant role in economic recovery, business development and job creation for the youth, stressing the need to improve the safety of workers and the quality of the factory’s products.
“I congratulate the young entrepreneurs who have stepped up to invest in their country, who have created job opportunities for more than 400 people and their families. Factories and other major projects are among those that will soon take our country to the next level. We want the diaspora to invest in the country, so that we can recover what we have lost in the past 30 years. We hope that this industry will expand and produce everything related to building a house.”
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PRESINDENT’S URGE TOWARDS ENTREPRENEURS
Establishing more developmental struggles, The President Hassan Sheikh urged Somali entrepreneurs to focus on investing in innovations that reflect the needs of the country, which are beneficial for the future of future generations, so that the country can achieve economic self-sufficiency, complete production and industries that are fully capable of covering our dependence on imported goods.
