Somalilandsun-With UAE backing, Somaliland can leverage its strategic location at the intersection of the Red Sea, Gulf of Aden and Indian Ocean to compete with Djibouti as an FDI destination in the region. The new administration of President Behi will thrive if it can tap into FDI to invest in labour-intensive sectors such as agriculture and infrastructure. This will enable Somaliland to tackle the high unemployment rate and to offset the significant costs of being an unrecognized Republic.
This argument is offered by Global Risk Insights in a piece titled under the Radar: an unrecognized democracy emerges in Somaliland
