Mogadishu Launches Ambitious 50,000-Home Project to Revitalize Economy and Reconstruct the City

Mogadishu (AX) — Someday in a sprawling Mogadishu neighborhood, the wheels are already in motion for a bold endeavor — a dazzling residential development sprouting 50,000 homes in the Kaaraan zone. This isn’t just an architectural venture; it’s a mission to breathe life into the heart of Somalia’s beachside cityscape. President Hassan Sheikh Mohamud has stirred the initial beat of the project drum at this delightfully dubbed “Pearl Beach” initiative, heralding an era of rejuvenation where Mogadishu meets the sea.

Bankrolled by homegrown business minds with plenty of oomph, this project aims to birth a vibrant, all-in-one community filled with abodes, classrooms, wellness hubs, mosques, and relaxation spaces. In the words of President Mohamud, it’s a beacon of “Somalia’s undying spirit and a shout-out to our self-driven dreams.” He nudged the country’s commercial players to pour their passion into domestic ventures, connecting dots between government and private enterprise for Somalia’s uptick story.

During its gestation and rollicking rise, Xeebta-Luulka is set to conjure waves of employment, injecting much-needed vitality into Mogadishu’s socio-economic veins. “This ain’t just about erecting some walls; it’s about crafting lives worth cherishing,” shared Nadra Abdi, a spirited local voice.

The land where the horn of Africa meets the ocean has watched its numbers rise over a couple of sunlit decades, its GDP soaring from a humble $2.7 billion mark back in 2010, hitting a breezy $11.7 billion in 2023. Pundits wearing their analytic caps forecast more sunshine, with a 3.7% growth cadence, pulled by the yokes of sectoral investments.

In the grand tapestry of Mogadishu’s rebirth, the Xeebta-Luulka scheme stitches new hope among the post-conflict warp and woof, a city knit back together after the chaotic yarns following Siad Barre’s exit in ’91. The old and tattered tales of bullet-peppered relics are slowly shedding their skin, trading hazards for harmonious horizons.

President Mohamud reiterated the centrality of self-sufficiency with verve, an invitation extended to Somali enterprises to anchor the narrative of national rejuvenation. “The destiny of our people spins and weaves around our heft to foster economic blooms and unfurl new horizons for Somalia’s sons and daughters.” 

 

Edited by: Ali Musa

alimusa@axadletimes.com

Axadle international–Monitoring

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