{"id":4408,"date":"2026-09-15T09:20:00","date_gmt":"2026-09-15T09:20:00","guid":{"rendered":"https:\/\/comesaria.org\/investmentmap\/?post_type=investment_project&#038;p=4408"},"modified":"2026-09-15T10:43:54","modified_gmt":"2026-09-15T10:43:54","slug":"cooking-oil-extraction-and-refining-plant","status":"publish","type":"investment_project","link":"https:\/\/comesaria.org\/investmentmap\/investment_project\/cooking-oil-extraction-and-refining-plant\/","title":{"rendered":"Cooking Oil Extraction and Refining Plant"},"content":{"rendered":"<p>Somalia offers a strong investment opportunity for a local edible oils refinery and extraction plant due to rising domestic demand and heavy reliance on imports. In 2022, the country imported $186 million in palm oil, with household consumption averaging 20\u201375 liters per person annually. No local refinery currently exists.<\/p>\n<p>Establishing a refinery would bridge this supply gap, reduce import bills, and create a sustainable domestic production chain. Supported by existing industrial zones, port access and commercial networks, the project promises both high returns and significant market impact.<\/p>\n<h4>Project Location:<\/h4>\n<p>Somalia<\/p>\n<h4>Lead Agency\/ Project Promoter:<\/h4>\n<p>SOMINVEST of the Ministry of Planning, Investment and Economic Development (MOPIED), and a Private Investor.<\/p>\n<h4>Contact<\/h4>\n<p>Physical Address: Hussein Elabe Fahie Building, Afgoye Road-KM5, Mogadishu, Somalia.<br \/>\nEmail: <a href=\"mailto:info@sominvest.gov.so\">info@sominvest.gov.so<\/a><\/p>\n<p>Physical Address: Afgoye Road KM5, Mogadishu, Banadir, Somalia.<br \/>\nEmail: <a href=\"mailto:info@moe.gov.so\">info@moe.gov.so<\/a><\/p>\n<h4>Actions Required\/ Implementation Arrangements\/ Contract Type:<\/h4>\n<p>Joint Venture<\/p>\n<h4>Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:<\/h4>\n<p>Available<\/p>\n<h4>Estimated Cost of the Project:<\/h4>\n<p>USD 10 million<\/p>\n<h4>Investment Required<\/h4>\n<p>USD 10 million<\/p>\n<h4>Period of Implementation:<\/h4>\n<p>10 Years<\/p>\n","protected":false},"featured_media":1281,"template":"","country":[355],"sector":[31],"subsector":[253],"place":[],"investment_range":[209],"class_list":["post-4408","investment_project","type-investment_project","status-publish","has-post-thumbnail","hentry","country-somalia","sector-agriculture-food-processing","subsector-agroprocessing","investment_range-10-25-million-usd"],"_links":{"self":[{"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/investment_project\/4408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/investment_project"}],"about":[{"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/types\/investment_project"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/media\/1281"}],"wp:attachment":[{"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/media?parent=4408"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/country?post=4408"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/sector?post=4408"},{"taxonomy":"subsector","embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/subsector?post=4408"},{"taxonomy":"place","embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/place?post=4408"},{"taxonomy":"investment_range","embeddable":true,"href":"https:\/\/comesaria.org\/investmentmap\/wp-json\/wp\/v2\/investment_range?post=4408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}