By Tesfa Mogessie, Addis Fortune Dubai: DP World, the port operator with terminals from Brazil to China, has signed an agreement with the government of Somaliland to co-invest $442 million (Dh1.62 billion) in the Port of Berbera DP World’s landmark Read More ...
The post Dubai leases Berbera Port for 30 years; opening 2nd door for landlocked Ethiopia appeared first on 6KILO.com.
By Tesfa Mogessie, Addis Fortune Dubai: DP World, the port operator with terminals from Brazil to China, has signed an agreement with the government of Somaliland to co-invest $442 million (Dh1.62 billion) in the Port of Berbera DP World’s landmark Read More ...
The post Dubai leases Berbera Port for 30 years; opening 2nd door for landlocked Ethiopia appeared first on 6KILO.com.
Ethiopia is to start using the Port of Berbera of Somaliland this month on an agreement reached between the two countries on January 29, 2015, while the use of Port Sudan has started by the importation of 50,000tn of fertilizer. Ethiopia is distributes its cargo among neighboring countries’ ports as the country needs alternative ports
The post Ethiopia to Use Somaliland’s Berbera Port appeared first on 6KILO.com.