Port of Berbera
Source: World Bank Group
The project entails the expansion of the Port of Berbera, Somaliland. The first phase of the facility will consist of building 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. Sponsors of the project are DP World with 51 % ownership, Somaliland Port Authority with 30 % ownership and Ethiopia with 19 %. Accordin
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails the expansion of the Port of Berbera, Somaliland. The first phase of the facility will consist of building 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. Sponsors of the project are DP World with 51 % ownership, Somaliland Port Authority with 30 % ownership and Ethiopia with 19 %. According to the concession signed, DP World would invest $ 442 million in the next 30 years in the port. Financial close took place on October 11, 2018. https://www.handyshippingguide.com/shipping-news/port-and-logistics-group-begin-construction-of-new-african-deep-water-freight-facilities_9449 http://web.dpworld.com/our-business/marine-terminals/middle-east-europe-africa/berbera-somaliland/ http://web.dpworld.com/wp-content/uploads/2018/10/2018_10_11_DP-World-Berberba-Groundbreaking-Ceremony_PR_ENG.pdf https://en.wikipedia.org/wiki/Port_of_Berbera |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
