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Gov’t to revive State-owned factories in the country

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Tuesday October 16, 2012 - 13:57:30 in Latest News by Super Admin
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    Gov’t to revive State-owned factories in the country

    The government says it will revive all state owned factories and processing plants in the country in order to fix the country’s ailing economy following the culmination of the transitional period early last month.

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The government says it will revive all state owned factories and processing plants in the country in order to fix the country’s ailing economy following the culmination of the transitional period early last month.

In an exclusive interview with Sunatimes, Trades and Industrialization minister Abdiwahab Ugas Hussein said the government plans reviving all factories and setting up new ones as soon as possible.

The minister said they have already contacted partner countries that have initially set up the existing-but-malfunctioning factories to help them restart again.

Hussein also revealed that the government plans to restart exporting agricultural outputs including Simsim and banana to other Arab nations.

Somalia’s two decades old conflict has grounded all factories in the country, bringing the economy into its knees.




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