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Reuters

Somali State to Offer Special Incentives to Investors in Livestock Trade

The Ethiopian Herald,(Jijiga). Chief Administrator of the Somali State Abdulahi Hassen said the state government would give special incentives to investors who engage in livestock trade.

Abdulahi, told WIC yesterday that the incentives to be given to investors who wish to engage in livestock trade and solve the long-running problems of pastoralists include the provision of free land, among others.

He said a study is underway to prepare 40,000 square metres of land near Jijiga town to investors for the construction of modern abattoir and a shelter for live animals to be exported. Similar supports would be extended in zonal towns known for their livestock resources, Abdulahi added.

The chief administrator said the recently launched construction of an international airport in Jijiga town with 70 million birr earmarked by the Federal Government would create conducive situation for the export of meat, dairy, hides and skin products to the Middle Eastern countries and called on investors to come to his state and engage in those sectors.

According to Abdulahi, the over 26 million cattle, sheep, goats and camels, on which the livelihood of more than 85 percent of the people in the region is dependent, are being transported illegally to neighboring countries and exchanged for commodities due to lack of market.

Source: The Ethiopian Herald