Somalia can’t interfere in DP World’s port deal: Somaliland minister
Ceerigaabo News

Somalia can’t interfere in DP World’s port deal: Somaliland minister

April 4, 2018 in Maqaalo, News.  by .

Somalia can’t interfere in DP World’s port deal: Somaliland minister

Berbera (Somaliland): “Had you come a day earlier, you’d have seen us loading camels onto ships heading to the Middle East. Somalia as a whole has the world’s largest number of camels, at six million,” said Ali Esmail Mahmoud, Head of Operations at DP World Berbera, as he took visiting journalists on a tour of the port.

“Since DP World took over the running of the port, there have been many changes,” Mahmoud said. “We’ve added a lot of equipment. We’ve ordered three mobile harbour cranes. Six reach stakers have been added, with three more on the way, along with empty container handlers, mobile cranes, internal terminal vehicles and forklifts.”

He also said the port was using a new software, Sodiaz, which is also used in many other DP World ports.

“People were trained on the software outside the country, including in Thailand.”

In 2016, the Somaliland parliament voted in favour of granting DP World, the world’s fourth biggest port operator, a 30-year concession with an automatic 10-year extension for the management and development of the port at Berbera, in a move not recognised by the Federal Republic of Somalia.

As per the deal, DP World will invest $442 million (Dh1.62 billion) in the port, controlling a 51 per cent stake in the project while the Somaliland government will control 30 per cent.

As part of another deal announced last month, Ethiopia will become a 19 per cent stake holder in the port.



Features

More Videos