Saturday August 30, 2025
Mogadishu (HOL) — Somali Prime Minister Hamza Abdi Barre on
Thursday attended a high-level forum aimed at strengthening business ties
between Somalia and China, promoting investment opportunities and connecting
business communities from both nations.
In his address, Barre highlighted Somalia’s
investment-friendly policies and underscored the vast opportunities in sectors
such as natural resources, infrastructure, and trade. He invited Chinese
investors to “directly explore” Somalia’s potential, reaffirming the country’s
readiness to welcome foreign investment.
A key focus of Barre’s presentation was Somalia’s National
Transformation Plan (NTP), which he described as the government’s roadmap for
economic growth and national development.
The Prime Minister said the plan is central to Somalia’s
efforts to rebuild its economy through foreign direct investment and
international partnerships.
The Somalia-China Business Networking Conference in Ningxia,
co-organized by the Somali Embassy in China and the Ningxia Regional
Government, brought together more than 100 Somali and Chinese companies.
The forum aimed to strengthen economic and investment
cooperation and position Somalia as a strategic hub for trade and connectivity
between the Arab world, Africa, and Asia.