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Somaliland Port of Berbera Set to Challenge Djibouti’s Monopoly
Somaliland Port of Berbera is expected to challenge the monopoly enjoyed by Djibouti once complete in January 2021 and offer an alternative for maritime and military interests in the Horn of Africa. DP World has invested in Berbera port an initial $120 million in financing the first phase (a 400-meter container terminal) which, after it […]
Djibouti’s Ambitious Growth Projects in 2021
DJIBOUTI, Djibouti, 3 February 2021, – Djibouti pursues its ambitious growth projects in spite of the particularly challenging international economic situation arising from the health crisis. The Republic of Djibouti has entered the year 2021 with determination. According to the World Bank’s Global Economic Prospects report, Djibouti is expected to experience the strongest GDP growth […]
DP World commits to placing Somaliland Port on the world map
Dubai company DP world is committed to building the Somaliland Port of Berbera to a world-class facility. This is part of the infrastructural developments the DP world says it is involved in as part of its mission to turn around the horn of Africa country. Federico Banos-Linder, Vice President External Relations, DP World, the […]