Hobyo Port construction set to start soon

[Barkhadle1520]

Its a partnership between a turkish company and Hobyo Investment Company, the project will cost 370 million $ and the turkish company gets a to run the port for 80 years

Turkiye secures major stake in Somalia’s Hobyo Port

The port development deal will create a trade corridor between Somalia and Ethiopia and boost Turkiye’s strategic influence in the Horn of Africa.

www.hobyoport.info

Turkish firm agrees to expand ancient Somali Hobyo port

Turkish contractor Metag Holding on Tuesday signed an agreement to expand the ancient Somali port of Hobyo,

www.hobyoport.info

 

[Barkhadle1520]

Now only Hirshabelle and WQ lack a port but it could be argued HS doesnt need a port since using Xamar would be easier

Southwest state signed a contract earlier this year with a Kuwaiti firm to build a modern port at Berawa for 500 million $, same as DP world Berbera

Jubaland also has a very bad dysfunctional port thats in need of modernization

DP world said they would upgrade Bosaso port but it still doesn't have modern equipment like Berbera, given the amount of money invested in Hobyo it will probably look like Bosaso but without the big cranes

The 3 biggest ports in the future will be Berbera, Berawa port, and he new Muqdisho port