DP World May Develop Port in Somali Region, President Says

  • President traveled to Dubai last week for discussions on port
  • DP World won concession to develop port in Somaliland in 2016

By Nizar Manek, 23 March 2017
(Bloomberg) -- 
The government of Somalia’s semi-autonomous region of Puntland may award a concession to DP World Ltd. to develop the port of Bosaso, President Abdiweli Mohamed Ali said.
Ali traveled to Dubai last week to discuss the concession, he said in an interview March 21 in the Ethiopian capital, Addis Ababa, where he was on an unofficial visit. Michael Vertigans, a spokesman for DP World, declined to comment beyond saying the company continues to seek opportunities in Africa.
(487 words)