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I understand your reasoning but im not sure either Bollore or DP is in Somali interests. If SL could self finance the scheme that would be ideal^ thank you theFuturist and guban
You guys understand my reasoning.
I say let DP World upgrade our port and enjoy the sweets for a limited period, then lets take it back. It's win win
I understand your reasoning but im not sure either Bollore or DP is in Somali interests. If SL could self finance the scheme that would be ideal^ thank you theFuturist and guban
You guys understand my reasoning.
I say let DP World upgrade our port and enjoy the sweets for a limited period, then lets take it back. It's win win
Isn't djibouti getting sued by dp world.Before anything is signed we have to see the details. It is absolutely f-king stupid to have dp world controlling djibouti and berbera port, there won't be competition.
Siilanyo f-king us over again. Cm need to pick up their arms
Didn't you hear it, the djiboutians slapped UAE officials and have taken back the port after the upgrades, that why they are courting Somalilands Berbera as a replacement.
There must be a reason why a country like djibouti famous for prostituting itself refused themIsn't djibouti getting sued by dp world.Before anything is signed we have to see the details. It is absolutely f-king stupid to have dp world controlling djibouti and berbera port, there won't be competition.
Siilanyo f-king us over again. Cm need to pick up their arms
Didn't you hear it, the djiboutians slapped UAE officials and have taken back the port after the upgrades, that why they are courting Somalilands Berbera as a replacement.
djibouti try to use that miskiin boreh to kick out dubai agreement it didn't work djibouti lost in court big time.There must be a reason why a country like djibouti famous for prostituting itself refused themIsn't djibouti getting sued by dp world.
Didn't you hear it, the djiboutians slapped UAE officials and have taken back the port after the upgrades, that why they are courting Somalilands Berbera as a replacement.
^ waar aamus nacasyahowStill I would go with the French
who is writing this shit, since when a somalilanders calls Somaliland an enclave within Somalia???
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/
about the subject , if this goes through it will be a disaster. basically the port will be leased (sold) to foreigners for a quarter century, the corrupt Africans as usual will grab the first lump sum and run with it. Lets say Somaliland sold its port for 700 million lump sum ( enough for each tuug/wasiir) to flee the country and buy a mansion outside like that Riyoole dude. Now for at least 10 years the port will be owned by UAE and can charge any tax they want to recover their cost, since the Somaliland government will have no future say in this matter, this in turn will push 99% of Isaaq to either use Djibouti port or Puntland port, basically the Isaaqs today are belly dancing for their future destruction.
Iska daaya fudaydka wax u fiirsada. Dawlad iyo Shirkad ayaa wax lala saxeexayaaba hadaad maqashaan horta maxaad ka mashxaradaan??
must be a hired mj.who is writing this shit, since when a somalilanders calls Somaliland an enclave within Somalia???
This is exactly what I said. Domestic investment is the kind of investment that is sustainable, controllable and in the interests of local people. Only problem is the government is woefully incompetent and dumb qabil politics complicates matters. Foreign direct investments into poor undeveloped countries tends to be on exploitative terms.Screw foreign investment , this "investment" shit is overrated these guys will suck us dry "foreign investment" is basically a euphemism for neo-colonialism . we rather go slowly with our own local money, step by step.
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