The Trans-National Industrial Electricity and Gas Company is an energy conglomerate based in Mogadishu. It unites five major Somali companies from the trade, finance, security and telecommunications sectors, following a 2010 joint agreement signed in Istanbul to provide electricity and gas infrastructure in Somalia. With an initial investment budget of $1 billion, the company launched the Somalia Peace Dividend Project, a labour-intensive energy program aimed at facilitating local industrialization initiatives.