Building Somalia’s Tomorrow: The Power of Public-Private Partnerships in Driving Growth and Development
Somalia stands at a critical turning point in its development journey The country has endured decades of challenges from conflict to instability and weak institutions but recent years have seen signs of recovery With a young population vast natural resources strategic location and a growing entrepreneurial spirit Somalia holds immense potential to rebuild its economy and infrastructure for sustainable growth However to achieve this goal Somalia must bridge its infrastructure deficit and attract large-scale investment that the government alone cannot provide One of the most effective mechanisms to achieve this is through Public Private Partnerships commonly known as PPPs Public Private Partnerships are cooperative arrangements between the government and private sector entities designed to finance build and operate projects that serve the public Such projects can include roads ports power plants hospitals housing water systems and more PPPs leverage private sector expertise efficiency a...