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Browsing: Dubai Ports World
The construction of the $400 million Berbera corridor is set to boost trade links between Somaliland and Ethiopia.
The project once complete will link Ethiopia’s border town of Togochale to Berbera Port in Somaliland. The Abu Dhabi Fund for Development is funding the roads projects.
Muse Bihi Somaliland president opened the first completed 12-kilometre phase of the project which is the second major infrastructural project Somaliland is building after the expansion of the Port of Berbera by the Dubai Ports World (DP World).
Somaliland imports to Ethiopia is estimated to be worth over $800 million annually and the Berbera-Togochale corridor will be instrumental in facilitating import-export trade for Ethiopia’s economy.
“We are here to open part of the Berbera Corridor, which is a 12 KM stretch that has been completed. I would like to point out that this road is different from the earlier road which was built to handle …
