Minister of Finance Federal Government of Somalia
Wasaaradda Maaliyadda, Dolowdda Federalka Soomaaliya
Since the end of the transition period in 2012, land prices started to rise to as much as ten-fold compared
to the previous year in parts of Mogadishu. Economic growth is fuelled by the demand for land and reconstruction. This in turn led to private investors buying up public land attracting a degree of both honest and corrupt business practices. Commercial exploitation of land resources includes agricultural, industrial, housing and so on. It is imperative to understand the existing legal framework, practice and processes for state land valuations and disposal.