Berbera multipurpose port project, Somalia
Name of the Project
Berbera multipurpose port project.
Location
Berbera, Somalia.
Client
DP World has won a 30-year concession, with an automatic ten-year extension, for the management and development of the port project.
The project is a joint venture between DP World (65%) and the Somali government.
Project Description
The project is expected to be completed in two phases.
Phase 1 includes a 400 m quay and 250 000 m2 yard extension, as well as gantry cranes and reach stackers to handle containers and cargo, and the development of a free zone to create a new regional trading hub.
Potential Job Creation
Not stated.
Value
The project entails an investment of up to $442-million, which will be phased over time and depend on port volumes.
Duration
Development of the project started in March, with the construction of the quay extension expected to take 24 months to complete.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
DP World, tel +971 4881 1110, fax +971 4881 1344 or email info@dpworld.com.
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