Somaliland: DP World launches Berbera port development
- 19 May 2017
| 1 minute read
DP World Group of the United Arab Emirates has started work on a 30-year concession to develop and manage a multipurpose port in the Somaliland commercial capital of Berbera. The $442m project, to be developed in two phases, aims to create a new trading hub for East Africa. The project will include the construction of a 400-metre quay and 250,000m2 yard extension, and the creation of a free zone offering tax advantages and investment incentives.
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