By Goth Mohamed Goth
The Vice President of the Republic of Somaliland, who is also the Acting President, His Excellency Abdirahman Abdillahi Ismail (Saylici), today (01.07.2025) met a high-level delegation from the Taiwan Business Association at the Presidential Palace.
The Vice President was accompanied by the Minister of Investment Promotion and Industrial Development, Mr. Said Mohamed Buraale, who facilitated the meeting.
The Minister, addressing the meeting, stated that the Ministry serves as the primary gateway for anyone seeking to invest in Somaliland. He explained that the Ministry has expertly prepared investment laws and policies to attract and secure the confidence of foreign investors. The Minister informed the Vice President of the Republic of Somaliland (JSL) that the Ministry would showcase the investment opportunities available within our country to this delegation.
The Vice President thanked the Taiwan Business Association for their visit to Somaliland and welcomed the growing cooperation between Somaliland and Taiwan.
The Vice President of JSL emphasized the Somaliland government’s firm commitment to creating a stable environment that encourages investors, highlighting the mutual benefits of cooperation for both sides. He specifically pointed out investment opportunities in Somaliland, particularly in Livestock, Fisheries, Agriculture, Mining, Technology, Trade, and Economic infrastructure.
On their side, the Taiwanese investment delegation, led by the Chairperson of the Taiwan Business Association, Ms. Alyne Chen, speaking on behalf of the delegation, thanked the Vice President and the Ministry of Investment Promotion for the warm welcome. She stated they are ready to mutually benefit from the vast investment opportunities within the Republic of Somaliland.
The Chairperson of the Taiwan Business Association expressed strong interest in the following investment sectors:
1. Fisheries and marine resources
2. Water purification
3. Livestock health
4. Small business financing
5. Production and marketing of Electronic equipment
The companies comprising the Taiwan Business Association delegation were:
1. YEN & BROTHERS ENTERPRISE CO., LTD
2. Aquaponics Company
3. ZTQ ENTERTAINMENT
4. HW CAPITAL
5. CENTRAL SKY INTERNATIONAL TRADING CO
6. EXCELSIOR BIO-SYSTEM INCORPORATION
In conclusion, both sides expressed their interest in expanding economic, trade, and multifaceted cooperation ties between the two countries/regions, the Republic of Somaliland and Taiwan.
