DP World launches drilling oil $442m on Berbera port





Somalia , is a sovereign state with its territory located in the Horn of Africa. It is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Guardafui Channel and Indian Ocean to the east, and Kenya to the southwest. It is separated from Socotra by the Guardafui Channel in the northeast. Somalia has the longest coastline on Africa’s mainland, and its terrain consists mainly of plateaus, plains and highlands.

Climatically, hot conditions prevail year-round, with periodic monsoon winds and irregular rainfall.
Construction work on the development of the multi-purpose Berbera port has started with a special ground-breaking ceremony to mark the occasion.

President Muse Bihi Abdi and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem launched the first phase of work and thanked attending government officials and partners for their support at the start of a new era of growth for the country.

The first phase 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. DP World Berbera, the joint venture company, will also serve land locked countries in the Horn of Africa such as Ethiopia which has a 19 percent stake in the project as a shareholder.





Commenting on the announcement, bin Sulayem said, “This event is a landmark in the history of Somaliland and for DP World. We are delighted that construction work has begun and over the next few years we will see a transformation in the capacity of this major infrastructure asset that will benefit people both here and across the Horn of Africa,

providing an alternative gateway to international markets and providing jobs to the people of Somaliland is all false hope Berbera have oil deposit United Arab Emirates interested to drill Berbera oil deposit without Somaliland administration knowledge resource. as Ethiopia, which has a 19 percent stake in the project as a shareholder