Reconstruction of Waaheen Market, Hargeisa

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Their projects profile

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Looks like a cheap steel framed construction. You can order these from China prefab, all you do is just bolt it together.

Where is Taiwan when you need them? Where is the Cement factory when you need it?

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$27 million dollars? With that amount of money, Local builders could build 3 Waheen sized shopping centres.

INYATSI BAGS E500 MILLION MARKET RECONSTRUCTION TENDER IN SOMALILAND

By BODWA MBINGO | 2023-05-07

Inyatsi Construction with 40 years of experience in the industry continues to spread its footprint across Africa.

This is after the Eswatini-headquartered construction company was this week awarded a project to reconstruct the famous Washeen market that was damaged by a fire last year in Somaliland with a value estimated at E500 million over a 16 month period.

This is the same conglomerate led by Executive Chairman, Michelo Shakantu that was early this year awarded a dam project at the Isinjiro District, in Uganda, which amounts to half a billion Emalangeni and began works last week in this project for the embankment dam construction in Kabuyanda.

The Washeen market, on the other hand, is an iconic market not only in Somaliland but in the region as well, seeing trade from Djibouti, Ethiopia and Eritrea.

This new venture means that Inyatsi will revive the epic market that caught fire on the eve of Ramadan at the start of April last year with economic damage representing 20 per cent of Somaliland’s GDP

During the unfortunate incident, the flames engulfed the entire market and it took 12 hours to be put out. There were no fatalities as it was a Friday, the holy day of prayer for Muslims and the market was closed, but the market no longer exists. Around 5 000 small businesses were impacted, with damages estimated at US$2 billion (about E36 billion).

Confirmed
The new project was confirmed by Inyatsi Construction Group Chief Executive Officer (CEO), Derrick Shiba, who currently is on a working visit of the Inyatsi projects in the East African region.

Shiba also took time to visit Inyatsi projects in Uganda, where Inyatsi is building the Kabuyanda Earth Dam, one similar to the proposed Mpakeni dam.

He also spent time on the two E1 billion water projects in Malawi that Inyatsi is constructing.
Also present in Somaliland’s capital city of Hargeisa was Inyatsi Group CEO – Investments, Paul Lwiindi who disclosed that he was in that country to look at investment opportunities in the mining and health sector.

Shiba reiterated that Inyatsi Construction’s focus is to expand into other African Markets and position itself as a continental player. The company’s growing footprint on the continent continues to grow Eswatini’s regional and global reputation and showcase the skills and capacity of locals and bean ambassador of the Kingdom of Eswatini in the Continent.

Inyatsi was first registered in Eswatini in 1982. Inyatsi Construction has proudly helped shape the world around and created infrastructure that countries rely upon daily lives for the past four decades.

The company focuses on civil works, water works, earthworks and asphalting across the Southern African Development Community (SADC) region, including South Africa, Mozambique and Zambia. The company has also spread its wings to other regions in countries including Malawi, Uganda and the Ivory Coast.

In its profile, the construction giant explains that it remains known for excellence, quality and competent workmanship together with transparent and ethical ways of working which has made the company influential leaders in their field, spearheading Southern Africa’s growth.

Must be for domestic consumption as in for Eswatini. No way that’s coming from Somaliland coffers. Plus this design has been scaled back from the first one just by the looks of it.

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Introduction of 140 paid for basement parking should be interesting and welcomed!

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How did they allow this building to occupy this public space?

Truly atrocious. It’s like they cant help themselves. They were making a song and dance about accessibility and emergency vehicle access.