WorldRemitAds

The terminal will initially have a storage capacity of 18,000 tonnes and will be capable of accommodating vessels of up to 16 meters, enabling imports and packaging of edible oil via the port.

Logistics and supply chain major, DP World has started the development of an edible oil terminal at the Port of Berbera in Somaliland.

The move aims to reduce supply chain costs and create employment opportunities for the local population around the port.

SomlegalAds

Inside the new terminal

Infrastructure Is Key To Unlocking Africa’s Economic Potential
Berbera Port in Somaliland. Credit DP World

The terminal will initially have a storage capacity of 18,000 tonnes and will be capable of accommodating vessels of up to 16 meters, enabling imports and packaging of edible oil via the port for the first time. This will make edible oil more affordable for the local population and create job opportunities in the region.

In the initial phase, the terminal will be leased on a long-term basis to Mzahim Investment LLC, a subsidiary of UAE-based Essa Al Ghurair Investments (EGI).

Why does it matter?

British International Investment Supports Inauguration Of Berbera Economic ZoneThe development of a local packaging plant will follow, employing up to 100 people.

DP World has expressed its plans to transform Berbera into an integrated maritime, logistics, and industrial hub, serving the Horn of Africa, which has a population of 140 million. This initiative is expected to boost the local economy and enhance trade in the region.

This site uses Akismet to reduce spam. Learn how your comment data is processed.