The Trans-National Industrial Electricity and Gas Company is an energy conglomerate based in Mogadishu, Somalia. Established in 2010, it unites five major Somali companies from the trade, finance, security and telecommunications sectors, after an agreement was signed in Istanbul, Turkey that will see this new firm provide electricity and gas in Somalia. With an investment budget of $1 billion, the company's aim is to create 100,000 jobs and build the necessary infrastructure to accommodate its energy projects in the country.[1]

References

  1. ↑ Reuters Editorial. "Somalia business keen to join forces for peace". AF. Archived from the original on 2010-12-04. Retrieved 2017-08-30. {{cite news}}: |author= has generic name (help)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.