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    Somaliland eyes key Red Sea trade role with Berbera port

    July 30, 2018
    SeaNews
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    Somaliland eyes key Red Sea trade role with Berbera port

    The soporific seaside town of Berbera is slowly changing as it takes on a major role on the Red Sea shipping route, allowing breakaway Somaliland to dream of prosperity and even recognition

    The soporific seaside town of Berbera is slowly changing as it takes on a major role on the Red Sea shipping route, allowing breakaway Somaliland to dream of prosperity and even recognition. At the Berbera port, dozens of containers are stacked on a sun-scorched platform and a few cranes creakily transfer sacks of sorghum and other goods from a rusting cargo ship. The facilities are far from modern, but Somaliland hopes its position on one of the world’s busiest shipping routes will turn the state into a job-creating dynamo — and encourage international recognition 27-years after it split from Somalia. Somaliland’s ambitions were boosted in March when it struck a deal giving Dubai port giant DP World a 51 per cent stake in the port and Ethiopia 19pc. DP World says it plans to invest $442 million to modernise the port, with a first extension of 400 square metres to begin in October that is expected to take 24 months.

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