Somalia, India to step up investment ties

Image

MOGADISHU, Somalia, November 14, 2015 (Garowe Online)-New Indian Ambassador to Somalia, Suchitra Durai said, her country is keen to step up investment ties with Somalia on Saturday, Garowe Online reports.

Durai had remarked this before reporters during credentialing ceremony at Villa Somalia Presidential Compound in Mogadishu.

Indian Ambassador noted that they will assist Somalia in energy and education sectors.

“I am very delighted with our relations with India. More recently, when I visited New Delhi, [Indian] Prime Minister Modi showed off his interest in the establishment of multidimensional partnership which, I believe would benefit Somalia in need of reconstruction and investment,” said Somalia President, Hassan Sheikh Mohamud.

Durai presented her letter of credence to Mohamud.

In October, Indian investors expressed their keenness on Somalia’s sugar industry.

Twice, Indians toured former sugar mill in agriculture-rich town of Jowhar and some would-be hectares for sugarcane plantations.

On October 29, Mohamud attended third India-Africa partnership forum im New Delhi. 

GAROWE ONLINE

Related Articles

Somali defense minister accuses foreign powers of backing al-Shabab militants to take over the country

He added that Somalia would continue its military operations against al-Shabaab and any external actors aiding the group.

  • Somalia

    09-08-2025

  • 01:14PM

Ugandan AU forces suffer heavy losses in battle to retake Barire from al-Shabaab

The recapture of Barire followed earlier gains in Sahid and Anole villages in the Lower Shabelle region, south of Somalia.

  • Somalia

    09-08-2025

  • 04:56AM