Bosaso Port in Somalia is set for expansion. This follows an agreement inked between the Somalia’s State Government of Puntland and DP World for the d
Bosaso Port in Somalia is set for expansion. This follows an agreement inked between the Somalia’s State Government of Puntland and DP World for the development.
The expansion and upgrade of the Port deal includes a 12-month project, that will involve development of an approximately 500-foot-long pier, as well as repairs to the current 700-foot quay. Other infrastructure projects include the development of a new 33,000-square-foot container yard and a 43,000-square-foot container stripping yard. The gate area to the port will also be expanded to improve the port’s accessibility.
Bosaso Port
This project will be the second port after Berbera in the Somali peninsula to be under the DP World’s management and is expected to start in early 2023. Upon completion, the port will have a capacity to handle container vessels and attract direct calls from feeder vessels from Dubai and other regional hubs.
“The expansion and upgrade of the Port of Bosaso is key to Puntland’s economic growth, which will benefit not just the people of the state, but also Somalia and the Horn of Africa. It will ensure the region is further integrated into the global trade ecosystem, as a bigger, more efficient port with the ability to receive container vessels, will facilitate increased trade,” said Ahmed Yaasiin Saalah, Puntland’s Minister of Ports and Maritime Transport.
Since taking over Berbera in 2016, DP World has expanded the quay by over 1,300 feet, established a new container terminal, and recently launched Berbera Economic Zone. The free zone exempts traders and businesses from taxation from re-exports and allows them to employ foreign labor.