DP World and Somaliland Government open new Berbera Economic Zone

Dubai’s DP World and the Government of Somaliland have inaugurated this week the first phase of the new Berbera Economic Zone (BEZ) located next to Port of Berbera where a container terminal opened in June 2021.

The BEZ is located along the Berbera Corridor that connects Ethiopia’s capital Addis Ababa and has access to a rapidly growing region with a population of over 140 million people. Its initial phase notably offers 10,000 square metres of pre-built warehouses, build-to-suit facilities, open yard storage, and a common user warehouse.

“DP World has already signed an agreement with IFFCO, a major UAE-based food company, to develop a 300,000 square feet edible oil packing plant in the BEZ and a dozen more companies operating across various sectors have already registered,” DP World said in a statement.

The event was also attended by British International Investment (BII), which partnered with DP World in 2021 to invest $1bn into the African ports of Dakar (Senegal), Sokhna (Egypt) and Berbera (Somaliland).

The United Arab Emirates has become a significant investor into Somaliland’s infrastructure. At the end of 2021, Dubai-based Transport Infrastructure Services Limited (TISL) notably completed the renovation of the Berbera International Airport.

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