World, — June 9, 2012 11:12 — 1 Comment
First Gated Compound Under Construction in Bosaso, Puntland [IMAGES]
As oil and gas exploration continues in Somalia’s stable-but-uncertain Puntland State, another breeze of change and progress is also taking hold, much in the same way that the oft-troubled Somali capital Mogadishu has seen a rise in its own commercial gains.
Real estate is once again a hot topic in Puntland, but for all the right reasons. This time it is Global Contracting, an established local firm taking on this newest project. It is unclear what has prompted the spurting of an expensive gated community in the Gulf of Aden city, but the project is nearing completion since the concept was drawn.
The almost-complete ‘gated community,’ the first of its kind in Puntland, and perhaps all of Somalia, is set to accommodate several dozen professional families, including foreigners.
http://dissidentnation.com/first-gated- ... nd-images/