The Perception Of Local Investors Towards Foreign Direct Investment In Mogadishu- Somalia

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Ali Ibrahim Mohamed, Yonis Ali Mukhtar , Hussein Abdi Mohamud, Mohamed Hassan Mohamed

Abstract

Purpose- This Study Emphasizes How Local Investors Are Ready To Compete With Foreign Investors. In Recent Years, Since Somalia Is Recovering From A Bad Economy And Developing Infrastructure, Fdi Has Gotten A Lot Of Publicity. The Aim Of This Study Is To Find Out How Investors Think About Foreign Direct Investment. The Research Also Explores The Barriers And Opportunities Of Foreign Investments Towards Local Investment.


Design, Methodology, And Approach: The Primary Data For This Study Was Collected Using A Quantitative Research Method And An Online Survey. Data Was Collected From 305 Respondents Who Were Personally Interested In Investment, Which May Be Small Or Large Businesses. The Effect Of Foreign Direct Investment On Local Investors Was Examined In Four Dimensions In The Study. The Likert Five-Point Agreement Scale Was Used On Both Of These Questions.


Findings- Technological Change, Market Employment, Financial Benefits, And Market Competitiveness Are All Factors That The Researchers Consider When Evaluating Local Investors. As A Result, The Majority Of Investors Conclude That Foreign Investment Will Result In More Business Work Opportunities, According To The Report. Furthermore, The Outcome Suggests That Industry Rivalry Will Become More Aggressive And Powerful. Financial Benefits, On The Other Hand, Are Seen As One Of The Greatest Challenges That Local Developers Will Encounter Due To Their Small Scale.


Originality/Value – While Studies On Fdi Have Been Conducted, The Majority Of These Focus On Macroeconomic Variables Including Inflation, Interest Rates, Gdp, Unemployment, And Infrastructure Growth, All Of Which Are Unpredictable And Have Long-Term Implications On Local Investors' Perceptions. Therefore, In The Best Knowledge Of Researchers, This Is One Of The Very Limited Studies Explore The Perception Of Investors Towards Foreign Direct Investments.

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