Corporate Strategic Plan (2021–2024)

Client: Somalia Investment Promotion Office (SOMINVEST) – Mogadishu
Wadaag supported SOMINVEST in drafting its first corporate strategic plan. The plan serves as a roadmap for positioning Somalia as the preferred hub for investment and increasing private‑sector and foreign investment.
It accords a larger role to the private sector and is structured around five strategic objectives: provision of leadership in delivering quality and timely investment data, facilitation of investment promotion zones—including business and industrial parks, Export Processing Zones and Special Economic Zones—promotion of foreign direct investment inflows (with a target to raise FDI/GDP to 20 percent by 2024), improvement of the business environment (seeking a 20‑rank rise in the Ease of Doing Business index) and enhancement of collaborations and partnerships. Wadaag conducted situation analysis, facilitated stakeholder consultations and drafted implementation and monitoring frameworks that guided SOMINVEST’s operations during 2021–2024.