• 2017 May 12 14:32

  DP World gets 30-year port concession in Somaliland

  

  Global trade enabler DP World has celebrated its 30-year port concession for the  management and development of a multi - purpose port project at Berbera, Republic of Somaliland  which started on 2 March 2017.  H.E.  President of  the Republic of  Somaliland, Ahmed Mohamed Mohamoud  and  DP World  Group Chairman and CEO Sultan Ahmed bin Sulayem  were present  at a ceremony to mark  the occasion and  thanked attending government officials and  partners  for their support  at  the  start a new phase of development for the country.

  DP World Berbera  complements the company’s investment in Djibouti  and will also serve  land  locked countries in the  Horn of Africa. The investment of up to $442 million will  consist of two  phases, the first being the building of a 400 metre quay and 250,000 square metre yard  extension  as well as the development of a free zone to create a new  regional trading hub. 

  Since beginning operations in early March, DP World has retained all 713 perman ent employees  and begun  training  and staff development to prepare them for roles in a modern port. DP World Berbera supports the local community with visits and engagements  to 12 local schools,  the  Fisheries and Maritime Academy  and  Berbera Hospital. DP World is working closely with the local government to invest in sustainable solutions  tackling  water  scarcity, having already delivered 4.5 million litres of water to 15,000 local families.

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