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Somaliland fulfilled many of the basic requirements to attract foreign direct investment and winning investor confidence.

Stability, strategic location, government pro-Investments policies are good Ingredients to attract foreign investors. Horn of African Country (Somaliland, separated from the Former Somali Republic after the collapse of the union in 1991). In the three past decadesit made notable progresses in manyfronts. Stability, Democratic Process, Rule of Law and Economic dev’t.

Twenty years ago Somaliland was a countryemerging from a civil war, there were hardly good schools, hospitals and parts of the country was not easily accessible. Access to clean water,health and educationwere difficult. Today, Somaliland is an stable, democratic and prosperous country, its economy is growing very fast thanks to a booming private sector. The private sector in Somaliland is the fastest growing private sector in the region. Nearly more then quarter century on from the collapse of the "Somali Republic and The Re-Birth of Somaliland Republic”, Somaliland has more going for it than any of its neighboring countries i.e Yemen, Somalia. The future of this young country is bright and foreign investors are beginning to see that Somaliland is potential destination for their investments.

The fundamentals (to attract FDI) are certainly in place in Somaliland. Somaliland is a country with a population of 3.5 millionpeople, half of whom are a working age and two thirds are under 35 years old. The young generation are relatively well educated and ambitious. Country’s GDP is growing at 3% a year1 and is expected to continue doing so for the coming few years.In large the growth is driven by the unregulated economy (private sector) and increasing inflow of foreign direct investment, notablythe heavy investment from Dubai for their operation in Berbera Port, Corridor and Berbera Airport. The return of diaspora population is also having a positive impact in the local economy. Diaspora population not only brought back capital but they are creating new opportunities and transferring of the much

needed skills that was missing in the country in the past. The recently restored    livestock     export     can    boost     the     economy  significantly.

Following the improvement of the Berbera Port Capacity, the goods flow from Berbera to mainland Ethiopia has increased exponentially, as a result more jobs are likely to be created, other businesses will see the benefits from the increased economic activity (movement of goods and people), government itself will see increasedrevenues which it can use to invest in the public infrastructure. DP world invested heavily in Berbera port in the hope that the already booming and purchasing power of Ethiopian population is continuing to increase in the foreseeable future. Ethiopian economy is not showing any sign of slowing down, and if the countryavoids internal political instability, it will need more corridors as Djibouti is almost operating at its maximum capacity and the demand for more importsis becoming inevitable as more and more Ethiopians start seeing increasing income which will increase the demand of goods.This presents huge opportunities for Somaliland         and         its         foreign         and         domestic      investors.