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

Senior Military Commander Killed by Own Soldier in Central Somalia

In April, Lieutenant Colonel Nur Farey, commander of the 14th October Brigade, was killed near Afgooye town in the Lower Shabelle region.

  • Somalia

    17-05-2025

  • 03:42PM

Ugandan Deputy Defence Chief Arrives in Mogadishu as AUSSOM Faces Financial Challenges

AUSSOM, which is tasked with facilitating the transition of security responsibilities to the Somali government, has been facing increasing financial difficulties.

  • Somalia

    17-05-2025

  • 12:29PM