Somaliland sun- This month DP World signed a US$442 million agreement with the government of Somaliland to develop and operate a regional trade and logistics hub at the Port of Berbera.
The project, which will be phased in, will also involve the setting up of a free zone.
The agreement comes as part of a larger government-to-government memorandum of understanding between the Dubai and the government of the Republic of Somaliland to further strengthen their strategic ties.
“I am very bullish about Africa and I believe it still has a very huge potential,” the DP World chairman Sultan bin Sulayem told The National during his first trip to Somaliland last week.
Continue reading Somaliland project opens up Africa for DP World
