Tuesday August 4, 2026
Mogadishu (HOL) — Somali President Hassan Sheikh Mohamud on Tuesday called for a national shift toward developing the country's vast maritime resources, saying Somalia's long-term economic growth, security and prosperity will depend on harnessing the potential of its coastline and territorial waters.
Speaking in Mogadishu, the president said Somalia's more than 3,300-kilometer (2,050-mile) coastline the longest on mainland Africa and its vast Exclusive Economic Zone (EEZ) offer unprecedented opportunities to transform the country's economy through fisheries, maritime trade, tourism and offshore resource development.
He said Somalia has historically failed to capitalize on its maritime advantages because much of its coastline remains sparsely populated and lacks basic infrastructure and public services.
"Many of our coastal areas have no permanent settlements, while most of our major cities are located far from the sea," he said. "That has limited our ability to benefit from our marine resources."
The president called on the federal government, federal member states and public institutions to develop a coordinated strategy to encourage investment and settlement in coastal communities, arguing that expanding fishing, maritime commerce and related industries would create jobs and stimulate local economies.
He identified inadequate infrastructure as the greatest obstacle to unlocking Somalia's blue economy, calling for major investments in roads, ports and maritime transport networks.
"We must build roads, ports and sea transport that connect coastal cities," Hassan Sheikh said. "Development in the 21st century requires making the sea the backbone of the country's transportation and trade."
The president said the federal government's next five-year national development plan will prioritize the blue economy, with a focus on fisheries, shipping, coastal tourism, marine resource exploration and strengthening maritime governance.
He also praised Turkey for its strategic partnership with Somalia in developing the country's maritime sector.
“Turkey has supported Somalia through technical expertise, modern technology and capacity-building programs aimed at improving coastal security, fisheries management and the exploration of marine resources.”
"It is time to take advantage of the opportunities in Somalia," the president said. "Our country is open to investment and cooperation, and whoever comes forward will have great opportunities."
President Mohamud reaffirmed that Somalia is seeking greater foreign investment and partnerships as it pursues economic reforms and works to unlock the potential of its maritime economy.
