Mogadishu Municipality displays Draft local Economic Development Strategy * Mareeg.com somalia, World News and Opinion.
Mareeg Media
Somalia

Mogadishu Municipality displays Draft local Economic Development Strategy

In a meeting held at Mogadishu, the local government of Mogadishu has exposed five years strategy from 2016 on Local Economic Development designed to be applied in Mogadishu.

According to the Abdikadir M. Ahmed (Dalha), Mogadishu Municipality LED Officer, the strategy is developed under wide consultation and participation of Mogadishu LED forum encompassing the municipality, private, (Somali chamber of commerce) and civil society sectors for a period of six months.

The formulation of this strategy is part of local economic development program that the municipality has been undertaking in Mogadishu in collaboration with private and civil society groups to boost Mogadishu local economic growth.

The strategy has five key objectives derived from SWOT analysis of Local Economic Assessment carried out in Mogadishu. It reveals number of programs to respond to the economic related needs in the capital Mogadishu. The strategy proposes economic infrastructure rehabilitation, capacity building for municipality personnel, create conducive business legal framework, promoting employment opportunity and Mogadishu investment and entrepreneurship promotion.

Iman Nor Ikar, the deputy mayor of Mogadishu said” it is the momentum to develop strategy promoting local economy” he added that it is very vital to assess markets prior to the launching technical vocational trainings to know the market and skill demands for employment opportunities after trainings.

Mogadishu municipality has been progressing recently in the local economic development program and it was February this year that it carried out business data collection exercise in four districts in Mogadishu to assess business environment.

The city of Mogadishu looks recovering and new reflection of commercial and rebuilding activities have been seen for the last two years that marks a better and brighter future.
Mogadishu _locals

Get real time updates directly on you device, subscribe now.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!