Galmudug State has signed an agreement with Oriental Company, a consortium of three Turkish, British and Somali companies for the construction of Hobyo Port.
The agreement was signed on behalf of Galmudug by the Minister of Ports and Fisheries, Abdisabir Nur Shurie, while Oriental was represented by Crom LTD, Hobyo Investment LTD, Indian Ocean Holding LTD. The signing ceremony was also attended by Holman Fenwick Willan (HFW), a UK marine law firm advising on Galmudug State Legislation.
London-based Oriental reached the agreement with the Galmudug Ministry of Ports and Fisheries after a series of meetings in recent months with a delegation led by the Minister Nur Shurie,” a statement from the ministry of Ports read in part.
Galmudug state inks Hobyo port construction deal with UK consortium
Galmudug State has signed an agreement with Oriental Company, a consortium of three Turkish, British and Somali companies for the construction of Hobyo Port. The agreement was signed on behalf…
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