DP World and Puntland Government sign construction agreement to upgrade Port of Bosaso

[Prime Minister]

Ahmed Yaasiin Saalah, Puntland’s Minister of Ports and Maritime Transport, Suhail Albanna, DP World’s CEO and Managing Director, Middle East and Africa, and Nabil Milad Abou Rjaili, General Manager of Mar Marine & Building Contracting.

“The expansion and upgrade of the Port of Bosaso is key to Puntland’s economic growth, which will benefit not just the people of the state, but also Somalia and the Horn of Africa. It will ensure the region is further integrated into the global trade ecosystem, as a bigger, more efficient port with the ability to receive container vessels, will facilitate increased trade.”

Ahmed Yaasiin Saalah, Puntland's Minister of Ports and Maritime Transport

DP World and Somalia’s Government of Puntland, today signed a construction agreement for expansion and upgrade work at the Port of Bosaso.
The agreement was signed in Dubai today by Ahmed Yaasiin Saalah, Puntland’s Minister of Ports and Maritime Transport, and Suhail Albanna, DP World’s CEO and Managing Director, Middle East and Africa, in the presence of Abdurazak Ali Seid, Governor of the Bari region, Hassan Abdalle Buhe, Mayor of Bosaso, Dr. Abdifatah nour Ahmed, State minister of information and communication- Puntland state of Somalia, Ali Omar Arshe, Deputy Minister revenue of Finance, Jama Salad Mohamoud, Puntland chamber of commerce and Hassan Abdullahi, representative of the office of Puntland’s President.

The 12-month project, which is expected to start in early 2023, will include the development of a 150-metre quay, as well as repairs to the current 215-metre quay. Other infrastructure will include the development of a new 3000 square metre container yard, and a 4000 square metre container stripping yard. The gate area to the port will also be upgraded to improve access control.

Once complete, the port will be able to handle container vessels and attract more direct calls from feeder ships from Dubai and other regional hubs. It will also become an important hub for dhow transport serving the Somali coast.

Ahmed Yaasiin Saalah, Minister of Ports and Maritime Transport, said: “The expansion and upgrade of the Port of Bosaso is key to Puntland’s economic growth, which will benefit not just the people of the state, but also Somalia and the Horn of Africa. It will ensure the region is further integrated into the global trade ecosystem, as a bigger, more efficient port with the ability to receive container vessels, will facilitate increased trade.”

Suhail Al Banna, CEO and Managing Director, Middle East and Africa, said: “DP World has a lot of experience in the development and operation of ports and terminals, not just around the world, but also in Africa. We will bring all our expertise and capability to the project, to support the Government’s vision for the port as an enabler for economic growth. I would like to thank the Government of Puntland for partnering with us on this exciting project.”

https://www.dpworld.com/news/releases/dp-world-and-puntland-government-sign-construction-agreement-to-upgrade-port-of-bosaso/

 

[ZBR]

I wonder what they mean by dhow transport

 

[warside]

They'll also add 300m in the next 2 years (450m total), it's good that it started after a lot of delays, Bosaso is getting good projects this year including the airport, electricity (12 MW) and water.

 

[Warzio7]

I thought the Somalia Federal government banned DP world?

 

[Laagite]

DP has no interest in developing Bosaso port, annul the contract and start a taashi like Mudug's Garcad port the sooner PL realizes the UAE just wanna snuff the competetion for Berbera the better, you're not even playing second fiddle atp.

 

[Sup]

I wish for development to happen throughout the country inshaAllah. In saying that, we have to be careful of DP World, they see us as competitors and will not help us reach our goals. Just look at what they did to one of Yemen’s ports. Ran it into the ground and then sued the Yemeni government when they tore up the contract. InshaAllah this contract is air tight, so they don’t negate on there contractual promise.

 

[Thegoodshepherd]

Great news for Puntland.
The UAE is building a base in Bari, so it makes sense that they would want to build a port where their navy can dock. There is no commercial interest, it is likely entirely geostrategic on the part of the UAE.

 

[FBIsomalia]

They'll also add 300m in the next 2 years (450m total), it's good that it started after a lot of delays, Bosaso is getting good projects this year including the airport, electricity (12 MW) and water.

Thanks xarmaajo xasiid project stoped. Jeegaan was lucky qoslaya sign for DP world.

Anyway UAE is great ally to us.

 

[Aurelian]

Great news for Puntland.
The UAE is building a base in Bari, so it makes sense that they would want to build a port where their navy can dock. There is no commercial interest, it is likely entirely geostrategic on the part of the UAE.

This country is turning to a bad copy of Djibouti

 

[repo]

 

[Libaax-Joore]

Manshallah I welcome it’s better than nothing