Investors
Unrivalled Potential
Investing in NMDC offers high-growth potential, fuelled by strategic infrastructure development, diversified revenue streams and long-term government support. With attractive returns on equity, business-friendly incentives and public-private partnership model, NMDC provides an unrivalled opportunity for investors seeking strong returns in an emerging market with significant upside potential.
Strategic Location
Situated at the crossroads of Africa, the Middle East and Asia, Mogadishu’s proximity to key global shipping routes and markets makes it an ideal location for trade and investment. NMDC’s projects leverage this geographic advantage to create a high-growth economic hub.
Public-Private Partnership
As a public-private partnership, NMDC combines the stability and long-term vision of the government with the efficiency and innovation of private enterprise. This model ensures a well-regulated and profitable environment for investors while minimizing risks associated with emerging markets.
High Growth Potential:
Somalia’s economy is in a critical growth phase, with NMDC’s projects serving as the catalyst for economic expansion. The airport, maritime port and special economic zone developments are expected to generate substantial returns by improving trade, enhancing connectivity and attracting foreign direct investments.
Investment Incentives
Investors in NMDC projects benefit from tax breaks, customs exemptions and other financial incentives within the NMSEZ. Additionally, the Mogadishu Maritime Port and Airport are set to become major logistical hubs, driving demand for supporting industries such as real estate, hospitality and manufacturing, including mining.
Sustainability and Innovation:
NMDC integrates sustainability into its development strategy, incorporating renewable energy solutions like solar power and eco-friendly design across its infrastructure projects. This commitment to sustainable development appeals to socially responsible investors and enhances long-term viability.
Job Creation and Economic Impact
NMDC’s projects are expected to create thousands of jobs, contributing to the local economy and improving the quality of life in Somalia . By developing critical infrastructure, NMDC is laying the foundation for sustainable economic growth that benefits both investors and the local community.
NMDC's Board Committees
Risk and Audit Committee: The Board Risk and Audit Committee will be responsible for providing oversight and advice to the Board in relation to current and potential future risk exposures of NMDC and future risk strategy, including determination of risk appetite and tolerance. It will also assist the Board in discharging its responsibilities in respect of financial reporting and policy; systems of internal control and control effectiveness.
Strategy and Investments Committee: The Strategy and Investments committee will be responsible for scrutinising NMDC’s strategic and financial plan, review proposed investments and oversight over material financial decisions.
Our Governance Framework
Our Governance Framework
Managing Our Business
Our Governance Framework
NMDC has a simplified governance structure which will focus on accountability, transparency, probity and the sustainable success over the longer term. The governance model, Committee structures and risk management will be scaled to be fit-for-purpose as NMDC grows.. Day to day operational management of the company is distinct and managed by full-time executives.
NMDC's Three Lines of Defence Model
The Business Functions (First Line) own, manage and supervise risks that exist within their functions within a defined risk appetite. ​NMDC Risk Management unit (Second Line) will be overseeing and challenging the effective management of risks and controls independently from the business functions. ​NMDC's Internal Audit (Third Line) function provides independent assurance to the NMDC Board and executive management on the effectiveness of risk management and internal controls.
Nominations Committee: The Nominations Committee will assist NMDC in the selection and appointment of directors. It will review the structure, size and composition of the Board and membership and chairmanship of Board Committees.