UAE DP World sells 19% of Berbera Port to Ethiopia

[Bohol]

kkk Jeegaanta took a big L. Berbera belongs to Ethiopia now.

 

[DRACO]

You're a bloody retard. Djibouti is the most expensive port in the world. It is also terribly congested.

The mere existence of a modern port in Berbera is more than enough to get Ethiopia to make extensive use of it.

In fact even Berbera won't be enough. Ethiopia will most likely depend on a number of Somali ports in the future. But right now they'll use whatever's available.

There is literally no reason for Ethiopia, one of the poorest countries in the world, to have a 19% stake in the Berbera port. It is especially strange since they are not contributing anything to its development.

I am suspecting Somaliland's typical corruption to have something to do with this and usual retards to defend the lining of politician pockets.

Ethiopia is building the berbera corridor you idiot and diverting 40% of its trade to berbera once complete. So the 19% seems to be working out real good. This will increase SL Ethiopia collaboration on security , education (scholarships) and etc . Great!

 

[World]

Lmao, another country given a fifth of a a take in a port they didn’t invest a dollar in. You couldn’t make this shit up.

 

[Nomad2054]

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@draco good deal or not?

51% UAE

30% Somaliland

19% Eithpoia

Not bad in my opinion

yeah you are rights its a great deal for foreigners to own 70% of your main port, too bad the djiboutians weren't as smart as the somalilanders.

somaliland ha noolaato
itoobiya ha noolaato
U.AE ha noolaato

 

[Shaolin23]

Ethiopia is building the berbera corridor you idiot and diverting 40% of its trade to berbera once complete. So the 19% seems to be working out real good. This will increase SL Ethiopia collaboration on security , education (scholarships) and etc . Great!

They need a port so bad they would of done this anyway without an incentive stop being hard head and trying to justify this you moron you gave Ethiopia 19% of your port for nothing hold this L fool

 

[SomaliWadaniSoldier]

ethiopia gets 19% before even penetrating somaliland kkkkkk

 

[Lordilord]

DP World did not sell it was the government that sold that 19%

 

[Lordilord]

Ethiopia will have a incentive to divert massive massive amounts of trade to berbera, Ethiopia will also build the Berbera corridor . Also Now Ethiopia will have a stake in the security of somaliland. Win win win

Ethiopia minister of transport , DP world CEO , SL foreign minister sacad Ali shire signing ceremony today in Dubai . Took place while somalia Pm kheyre in UAE

The disrespect UAE shows to Somalia is almost frightening.

 

[Lordilord]

Ethiopia: can we plz use ur port, we'll give u 100$

SL: Absolutely, but 100$?

Ethiopia: how bout 1000$

SL: nope

Ethiopia: 1million$

SL: no we only want 50$, btw can u guys recognize us.

Ethiopia: Absolutely not, how dare u?

SL: Sorry sorry, forget the 50$ we'll pay u 25% of the port revenue to use our port.

Ethiopia: it's ok, we'll only take 19%

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It's actually not revenue, the only parties earning good revenue is SL and DP World. They are paying a part of the cost to rebuild the port, funny story you got going on tho

 

[Shaolin23]

It's actually not revenue, the only parties earning good revenue is SL and DP World. They are paying a part of the cost to rebuild the port, funny story you got going on tho

Yea right buddy getting a Xabashi to chip in money is harder then pulling teeth they got gacan Birr (pun intended) take that shit somewhere else nigga

 

[Suspect]

DP World did not sell it was the government that sold that 19%

what government? only fgs is legitimate. you enjoy being raped by ethiopia and UAE?