Investment

Investment

Somaliland’s peace and stability offers good opportunities for profitable investment. A large pipeline of viable opportunities for investment exists in Somaliland. The livestock sector, the backbone of the economy, is relatively undeveloped with limited extension and support services and the fisheries sector has barely been tapped. Light manufacturing, the service sector and media are all ripe for investment. The Economic System of Somaliland is a free market system based on supply and demand with liFle or no Government control, Somaliland Enjoys open Market policies that are designed to eliminate discrimination against foreign investors, business projects, Investments and Financial transactions.
Somaliland is rich in mineral resources deposits of many kinds of gemstones like Emerald, Sapphire, Ruby, Aquamarine, Opal and any kind of Garnet. There are also plenty of other minerals in Somaliland such as industrial minerals like iron ore, Titanium, Aluminum, Tungsten, Tin, Galena and other rare earth metals like Colum bite Tantalite, Molybdenum and many other rare minerals which are only found few places in the world.

Investors will enjoy a 100% three to five year’s tax holiday on profits and 100% custom exemption on imported raw materials, machinery, equipment, installation and any other ouYits, supplies and components imported for production purposes are exempted from import custom duties. Somaliland Government stands for establishing viable Public Private Partnerships (PPPs) to address large scale infrastructure development that are beyond the financing capacities of the Government. Both foreigners and Somali landers are freely able to purchase and sell property as the wish. Land ownership rights are strongly upheld within Somaliland. Investments that have been properly registered with and approved by the Board may not be expropriated unless there is no other method by which the government can safeguard the “public interest.

To read the full details of investment opportunities in Somaliland, download the below PDF file