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HAFZA FUNDING


 

HAFZA appreciates that Somalia has lacked an effective central government since the 1991 ousting of the dictator, Mohammed Siad Barre.

 

Two subsequent governments have since been formed, but neither managed to establish control across the country.  It is now up to President Yusuf, and the various members of government, backed by the international community, to make sure that this peace process remains firm for Somalia.

 

It is on this basis and the basis that HAFZA has a ninety (99) year lease to achieve its goal of the Horn of Africa Free Zone, HAFZA will back its initial developers into the HAFZ program. 

 

In that regard, HAFZA proposes to provide 100% financing to its initial approved developing partners for major projects without personal guarantees.  Such projects will include, but not be limited to major industries, hotels, apartment facilities, housing, hospitals, medical clinics to name a few projects.

 

This funding shall be drawn initially from the HAFZA line of credit raised against assets available for the purpose.  Please refer to the HAFZA Financing page.

 

Note: Kindly refer to HAFZA Status here for progress to date. 


 

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