
HARGEISA–A delegation from Somaliland headed by President, Ahmed M. Silanyo will leave for the UAE for the days to come. The government of Somaliland was in talks with Dubai Ports World (DPW) to take over the development of Berbera port and its container terminal. The government will announce the plans and the exact amount of money that DPW will invest to the modernization of the port. The Somaliland government and DPW will now discuss terms, conditions and percentages. The agreement, which will be finalized in Dubai will see the attendance of Somaliland senior government officials and DPW.
If the news of DPW’s takeover of Berbera port is confirmed then the French-based Ballore Logistics will be eliminated from the competition that has been going on for the past six years. Ballore Logistics was in talks with Somaliland authority over the running of the port of Berbera which the government led by Ahmed Silanyo wants to privatize. The British McCue & Partners Law Firm was in charge of facilitating the talks between Somaliland authority and that of Ballore Logistics. Details of the agreement that DPW set to sign with Somaliland officials will be sketchy and much of it remains hidden from Somaliland concerned citizens. This is going to be part of deals that Somaliland government is accustomed of entering into agreements with foreign firms behind closed doors and behind the curtains.
It is not also clear how many years DPW will run the port of Berbera or if new leadership take over the country will it revoke the agreement. Somaliland inked with Ethiopia the proposed 30% port needs, said to be 4 million MT. Ethiopia, a landlocked country hugely counts on the use of Djibouti port, after Eritrea opted for secession. Somaliland recently announced its plans to lure South Sudan to use its port of Berbera for its import and export. South Sudan, a landlocked country seceded from Sudan. It is unconfirmed that president Silanyo will put the pen to paper by signing a deal with UAE officials over the use of Berbera port in their fights against Houthi militia in Yemen. Somaliland is a peaceful enclave within a failed state of Somalia. It broke away from Somalia in 1991 but it has not achieved a recognition from the int’l community. It managed to build its government institutions from scratch. It runs the country with a meager collection of taxes mainly from revenues generated from ports and airports. The enclave enjoys a period of peace, stability and tranquility over the past 25 years since its inception.
http://www.somalilandinformer.com/somal ... -dp-world/






