The President of Somalia and Sultan bin Salim discuss the role of strategic investments in changing the economic scene

Dubai, February 11 / WAM / The activities of the first day of the World Summit of Governments 2025, which started today in Dubai and continue until February 13th, witnessed a dialogue session entitled “How can strategic investments change the economic scene?”, In which His Excellency Abdul Rahman Mohammed Abdullah, President of the Republic participated Somalia Land, His Excellency Sultan Ahmed Bin Sulayem, Chairman and CEO of Dubai Ports World Group.
His Excellency Abdul Rahman Muhammad Abdullah confirmed during the session that the Somalia land has a strategic location and a point of focus for growth and development, providing huge economic opportunities in East Africa.
The President of the Republic of Somalia noted the investments pumped by DP World, to develop the Berbera port, which has a strategic location on one of the most crowded maritime commercial paths in the world, and allows access to vast regions, including Ethiopia, which emerge as an emerging economic power with a consumer base of more than 130 One million people.
Abdel -Rahman Muhammad Abdullah stated that the Port of Borda Port plays an influential role in consolidating trade relations between the land of Somalia and neighboring countries, as a successful model for strategic investment.
The Berbera Al -Zawiya Port is in the economy of the Republic of Somalia, and the port is expected to contribute to facilitating the flow of trade movement, equivalent to about 27% of the gross domestic product, and 75% of the regional trade movement by 2035.
For his part, His Excellency Sultan Ahmed bin Salim explained that the Port of Berbera turned into a vital commercial center thanks to the huge investments that amounted to $ 400 million in its development, which enhances the status of the Republic of Somalia as a center for marine, industrial and logistical services in the Horn of Africa.
He pointed out that the modernization and development of the Berbera port led to improving the movement of goods and attracting more investments, which made the port an integrated regional commercial gate, and a major engine that will achieve economic growth in the Republic of Somalia by increasing the commercial flow, attracting foreign investment and creating job opportunities.
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