Independent journal on economy and transport policy
18:59 GMT+2
This page has been automatically translated by Original news
DP World signature the contract of concession for the management of the port of Berber
the agreement has a duration 30-year-old with an automatic extension of others 10 years
September 6, 2016
The terminalista group DP World of Dubay has obtained the concession for the management of the port of Berber, in the Republic of the Somaliland, activity for which the slid spring had signed a preliminary agreement ( on 30 May 2016). The contract has a duration 30-year-old with an automatic extension of others 10 years.
For the management of the port, the group of Dubay will constitute joint venture with the government of the Somaliland of which DP World it will stop 65% of the capital.
DP World has announced that the project previews an investment until 442 million dollars for the restructure and management of the port African, figure who includes the realization of the first phase of construction of a dock of 400 linear meters and the extension of the terminalistiche areas on other 250 thousand square metres let alone the acquisition of means of raising for handling of the cargos of which the currently port of Berber totally it is deprived. The construction of the dock will begin 12 months after the satisfaction of the terms and the conditions of the agreement and will be completed over 24 months.
The handling activity will be centralized on the container, but the port will be able to enliven also other cargo types.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher