400 million dollars “Dubai Ports World” investments to develop Berbera Port

The President of the Republic of Somalia, Abdul Rahman Abdullah, confirmed that Dubai International Ports invested 400 million dollars in Berbera Port and increased its capabilities, until it is now an important port that provides services to most African countries that have no ports.

He said during a dialogue session entitled “How can strategic investments change the economic scene?”, The government of the Republic of Somalia is one of the future governments, so our state is strategic, and the Perbera port previously used during the Cold War of the Russians and Americans through its strategic location.

Wide investments

For his part, Sultan Bin Salim, Chairman of the Group and CEO of Dubai International Ports, said:

He pointed out that the port of Berbera is old and was ignored, so we worked with the government to develop it, and encouraged us to invest in it.

Bin Salim continued: “We look towards the economic gate between Ethiopia and the land of Somalia, to facilitate trade between the two countries, as it is close to the basic distribution points in Africa, and it is close to Ethiopia, and Ethiopia is looking at them positively.”

He continued: “We found the opportunity and we developed the port immediately, and indeed the shipments began to arriving, and the government provided an industry plan.”

Sultan bin Salim said: “When we invest in any country, we do not have political or strategic motives. The most important thing for us is the exploitation of the site, as we look at its gross domestic product.”

He stressed that working with Africa is very important for us for several centuries. For example, we have investments in Kenya, Somalia and Ethiopia, noting that relations with the continent of Africa are very good.