Mogadishu, (SONNA) – The Minister of Fisheries and Blue Economy of the Federal Government of Somalia, H.E. Ahmed Hassan Aden, has welcomed a group of Somali and South African investors during a special forum aimed at showcasing Somalia’s vast and untapped fisheries potential.
Speaking at the event, Minister Ahmed emphasized that the government stands ready to fully support all stakeholders interested in investing in Somalia’s fisheries sector, including in areas such as fishing ports, cold storage, vessels, and other vital marine infrastructure.
He also announced that Somalia has finalized key regulatory frameworks governing the sector, making it easier for both local and international partners to engage in formal, protected, and scalable investment.
Highlighting a new trade advantage, the Minister revealed that China has officially waived domestic tariffs on Somali seafood exports, a policy that benefits Somali-owned and joint venture firms. He described it as a “transformational opportunity” that must be capitalized on by Somali entrepreneurs.
“This is a moment for Somali businesses to lead the way in building a sustainable and prosperous blue economy,” the Minister stated.
The meeting is part of the Ministry’s continued efforts to attract global investment and strengthen trade cooperation in the fisheries sector as a key pillar of Somalia’s economic growth.
