Stay updated with breaking news from Berbera Corridor. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
About a month ago Jerome H. Powell of the Federal Reserve said on Restoring Price Stability, “we are committed to restoring price stability while preserving a
Port users set for better services as EA states battle for dominance Monday July 05 2021 Singapore flagged vessel MV NYK Clara docked at the port of Mombasa on June 25, 2021 on its way to Dar es Salaam after it made its maiden call. In this financial year, Kenya and Tanzania have put modernisation of ports at the top of the list of priority investments. PHOTO | FILE | NMG Summary An observer said the competition has seen most ports invest in different modes of transport but noted a need to embrace the Multimodal Transport Treaty, which allows the carriage of goods by at least two different ...
Photo: DP World DP World and the Government of Somaliland, have inaugurated the new container terminal at Berbera Port, following completion of the first phase of the port's expansion. The new terminal was officially opened by the President of Somaliland, Muse Bihi Abdi, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and included a symbolic ground-breaking for the new Berbera Economic Zone, the first phase of which is under construction. The new container terminal, with a draught of 17m, a quay of 400m and three STS-gantry cranes, can handle the largest container vessels in...
DP World and Somaliland open new terminal at Berbera Port DP World and Somaliland open new terminal at Berbera Port Expanded port, economic zone and Berbera corridor will transform Berbera into an integrated maritime, industrial and logistics hub in the Horn of Africa Berbera Port’s new container terminal inaugurated, has capacity for 500,000 TEUs a year; Second phase expansion of terminal will increase capacity up to two million TEUs a year; Berbera Economic Zone under development aims to attract investment and new businesses, and to create jobs; Expanded port, economic zone and Berbera co...
DP World to invest $1bn in Ethiopian trade corridor to Somaliland’s Berbera Port Dubai ports giant DP World and Ethiopia’s Ministry of Transport have agreed a $1bn deal to create a trade and logistics corridor from Ethiopia to Berbera in Somaliland. The corridor will be based on the 250km motorway between Berbera and the Ethiopian border town of Wajaale that got under way in 2019 (see further reading). The memorandum of understanding was signed in Addis Ababa on Thursday by Dagmawit Moges, Ethiopia’s minister of transport, and Sultan Ahmed Bin Sulayem, chief executive of DP World. DP Wo...