Future Export in Habar Yoonis lands Sanaag

[AsadSL]

Frankincense Trade

[Executive]

I made 2 topics recently about Frankincense Trade in Somaliland and Puntland. Its not a new export product but interesting.

viewtopic.php?f=245&t=273090

viewtopic.php?f=246&t=273091

[AsadSL]

I never said it was a new trade. This can be a real export if the government continutes to develope the industry.

[KingMJ]

MashaAllah

[Siciid85]

Oil, Gemstones and other minerals in Oodweyne. Frankincense, Gas in Sanaag. Possible gas potential in Gashaamo our land is truly blessed mashallah.

[AsadSL]

Outside Erigaabo looks nice imagin when the rains start it will green up even more.

[KingMJ]

Oil, Gemstones and other minerals in Oodweyne. Frankincense, Gas in Sanaag. Possible gas potential in Gashaamo our land is truly blessed mashallah.

Possible gas potential in Gashaamo I thought it was only Oodweyne sxb? When did this finding occur bro?

[juzme123]

Oil, Gemstones and other minerals in Oodweyne. Frankincense, Gas in Sanaag. Possible gas potential in Gashaamo our land is truly blessed mashallah.

Oil, gas, salt and marine (fish) resources along the coast. Gypsum around berbera. Farm land in the west. + much more Manshallah

[Siciid85]

Outside Erigaabo looks nice imagin when the rains start it will green up even more.

Like this.

[Siciid85]

Oil, Gemstones and other minerals in Oodweyne. Frankincense, Gas in Sanaag. Possible gas potential in Gashaamo our land is truly blessed mashallah.

Oil, gas, salt and marine (fish) resources along the coast. Gypsum around berbera. Farm land in the west. + much more Manshallah

[LiquidHYDROGEN]

LOL@ frankincense. This is not the roman times, you can't get rich off foox. What we need is to practise farming where water shortages aren't problem and sell the products in local markets as well as selling off the surplus to other countries.

[Cirwaaq]

There was an identical case in Morocco with Argon-oil. Instead of supplying the cosmetic industry the raw material and making small change. They began small processing plants that sorted the raw products and extracting the oil themselves. They Sat up small bottling plants and then acquired contracts with large buyers in the cosmetic industry who pay them $200 - $300 for a small bottle of about 100ml.

It started with a single woman with contacts in the cosmetic industry to develop a multi million Dollar industry in her country. The product is well known globally as Moroccan oil or argon oil.

From a small bottle of 100ml the cosmetic industry make close to $1000... Next stage would be to develop the industry to actual use the oil to produce the products locally and only export the finished products.

The same can happen with Frankens which has 1000s of applications. If the right people are involved this single product can generate more revenue then live stock.

[LiquidHYDROGEN]

There was an identical case in Morocco with Argon-oil. Instead of supplying the cosmetic industry the raw material and making small change. They began small processing plants that sorted the raw products and extracting the oil themselves. They Sat up small bottling plants and then acquired contracts with large buyers in the cosmetic industry who pay them $200 - $300 for a small bottle of about 100ml.

It started with a single woman with contacts in the cosmetic industry to develop a multi million Dollar industry in her country. The product is well known globally as Moroccan oil or argon oil.

From a small bottle of 100ml the cosmetic industry make close to $1000... Next stage would be to develop the industry to actual use the oil to produce the products locally and only export the finished products.

The same can happen with Frankens which has 1000s of applications. If the right people are involved this single product can generate more revenue then live stock.

Interesting. I've heard about frankincense being used in the cosmetics industry, this would be a great business venture.

[juzme123]

There was an identical case in Morocco with Argon-oil. Instead of supplying the cosmetic industry the raw material and making small change. They began small processing plants that sorted the raw products and extracting the oil themselves. They Sat up small bottling plants and then acquired contracts with large buyers in the cosmetic industry who pay them $200 - $300 for a small bottle of about 100ml.

It started with a single woman with contacts in the cosmetic industry to develop a multi million Dollar industry in her country. The product is well known globally as Moroccan oil or argon oil.

From a small bottle of 100ml the cosmetic industry make close to $1000... Next stage would be to develop the industry to actual use the oil to produce the products locally and only export the finished products.

The same can happen with Frankens which has 1000s of applications. If the right people are involved this single product can generate more revenue then live stock.

Yes. It increased in value immensely by processing it and adding value.

[Cirwaaq]

I won't be surprised if someone does this in the next few years in the north, Sland or Pland.

Capital required to begin a small factory is not more than $25,000. In 2011 how many people have built homes that cost 2-4 times that value?

Somalis have the money someone needs to take the risk before 10,000 others follow in their footsteps.

Government enforced exclusivity Licensefor a set number of years, say 10years per new business type would encourage many to invest.

What do you think of Khad in the form of a drink or a chewing gum?

It would eliminate the negativity associated with the habbit of sitting for 12hours in an unhygienic environment. Potential markets in Ethiopia(85million pop), Kenya(40mill pop), Yeman(24mill pop)... expansion in the rest of africa and the middle east.

You can technically import khad leafs from all the above 3 countries, process it and export it back with a significant markup.

It would cost less then £1000 to buy the equipment to produce khad in liquid or solid tablet form.

Khad is currently an economic leak in any somali state, it does not have to be. Any Chemistry grad can setup the laps required.