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Investing in Somalia

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Lamagoodle
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Re: Investing in Somalia

Postby Lamagoodle » Tue May 08, 2012 1:09 pm

by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.
Original, the post graduate should know :lol: :lol: :lol: :lol: Come on. We are primary school leavers and have no say in this highly sophisticated issue! :lol:

Ha na ceebeeynin.

Executive
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Re: Investing in Somalia

Postby Executive » Tue May 08, 2012 1:09 pm

Less time browsering Google books for stuff to post on snet, more time on engaging your brain in the discussions and you will be fine :up:

original dervish
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Re: Investing in Somalia

Postby original dervish » Tue May 08, 2012 1:12 pm

somalis :D

Lamagoodle
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Re: Investing in Somalia

Postby Lamagoodle » Tue May 08, 2012 1:13 pm

Less time browsering Google books for stuff to post on snet, more time on engaging your brain in the discussions and you will be fine :up:
Ok. Mr. Post graduate of Finance.

Wait a minute!!!! Are you also a post graduate of Psychology? :lol:

shaab_
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Re: Investing in Somalia

Postby shaab_ » Tue May 08, 2012 1:13 pm

Finding skilled locals in Somalia is really difficult, the education level there is so bad.

Executive
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Re: Investing in Somalia

Postby Executive » Tue May 08, 2012 1:14 pm

by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.

We are talking about a private investor (mudugawi). There is no extensive transactions costs involved as a private investor going to Somalia.

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jalaaludin5
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Re: Investing in Somalia

Postby jalaaludin5 » Tue May 08, 2012 1:14 pm

:lol: :lol: :lol: :lol: :lol:
Ouch!
:lol: :lol: :lol: :lol: :lol:
hadana ouch!
:lol: :lol: :lol: :lol: :lol:

oo triple ouch! :clap: :clap: :clap:

original dervish
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Re: Investing in Somalia

Postby original dervish » Tue May 08, 2012 1:16 pm

yeah, but who will build the desperately needed houses?

Lamagoodle
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Re: Investing in Somalia

Postby Lamagoodle » Tue May 08, 2012 1:17 pm

by higher transaction cost, i think he means it will be more expensive for the over bureaucratic public sector to carry out a project, as compared to the leaner more efficient private sector.

We are talking about a private investor (mudugawi). There is no extensive transactions costs involved as a private investor going to Somalia.
Holly Molly! Is that a post graduate answer?

You must have graduated from the University of " bluff" to give that answer :lol:

Seriously, do you know what transaction costs are?

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PrinceDaadi
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Re: Investing in Somalia

Postby PrinceDaadi » Tue May 08, 2012 1:20 pm

I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.

A decent Vila in Bulla Hubey area was changing hands in abt 50k.


But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.

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Re: Investing in Somalia

Postby FAH1223 » Tue May 08, 2012 1:21 pm

I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.
A decent Vila in Bulla Hubey area was changing hands in abt 50k.


But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
Hey one of my dad's houses is there and he was offered $2 million in December

Executive
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Re: Investing in Somalia

Postby Executive » Tue May 08, 2012 1:23 pm



We are talking about a private investor (mudugawi). There is no extensive transactions costs involved as a private investor going to Somalia.
Holly Molly! Is that a post graduate answer?

You must have graduated from the University of " bluff" to give that answer :lol:

Seriously, do you know what transaction costs are?
Yes, better than randomly regurgitating introductory text books, trust me no one is impressed.

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PrinceDaadi
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Re: Investing in Somalia

Postby PrinceDaadi » Tue May 08, 2012 1:24 pm

I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.
A decent Vila in Bulla Hubey area was changing hands in abt 50k.


But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
Hey one of my dad's houses is there and he was offered $2 million in December

This was an empty plot but i know what u are talking abt.

Lamagoodle
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Re: Investing in Somalia

Postby Lamagoodle » Tue May 08, 2012 1:25 pm

I was in Mogadishu last yr from July to December and to tell u the truth Land Speculators were making a kill. Yesterday i was told a land on the K4-Airport road was sold on amount of one Million US Dollar.

A decent Vila in Bulla Hubey area was changing hands in abt 50k.


But if u are a businessman, that is not where the business is, there is heavy construction going in the country and no viable construction firm exits. there also large public projects including roads, airports and ports as well as government facilities have to be rehabilitated. Construction materials is also needed in large quantities. I remember when Istanbul municipality asked the availibility of 15,000 Mt of cement, biz ppl have to say that they will get from Dubai.
Bubble bust on its way. It is like the somali currency; its value against the dollar and other currencies reflect the cost of printing.

Executive (Mr. Post graduate), war ninyahow isku xishoo! You are intellectually bankrupt as regards this issue.
Last edited by Lamagoodle on Tue May 08, 2012 1:26 pm, edited 1 time in total.

Executive
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Re: Investing in Somalia

Postby Executive » Tue May 08, 2012 1:26 pm

Hey one of my dad's houses is there and he was offered $2 million in December



Thats nice :up: I know this lady bought a place for $250,000 and fixed it up, and was offered $2million few years later apparently.


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