Economy
Las Khorey is a city that is booming and experiencing a period of rapid growth as new small factories are being created and opened, including a fish factory.
As with other cities and districts in the Sanaag region, Las Khorey's commercial and labor sectors were historically neglected by several of Somalia's various federal administrations, with the town's population count consequently plummeting. However, this trend appears to be reversing, as many people have begun working in the city's new factories. Another reason for the growth in population is that after the civil war broke out, Somalis from the Warsangali sub-clan of the Darod began migrating back to their traditional strongholds in northern Somalia, including Las Khorey.
The city is also surrounded by a mountain range referred to locally as Cal Madow, which reportedly has valuable but as yet unexploited mineral deposits. This is in addition to the area's overall unique natural habitat.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)