I welcome these steps.
Federal Government-Turkish Company, Al Bayrak agreement,” adding that Al Bayrak would run Mogadishu port for 20 years by renovating the buildings and improving the port service.
Abdiweli noted that Somalia Federal Government expects Al Bayrak to increase the current port revenue from $300,000 to $6.5 million.
http://www.raxanreeb.com/2013/10/somali ... n-seaport/Mogadishu (RBC) Somali cabinet of ministers have on Sunday endorsed a new agreement with a Turkish company called Al Bayrak which will manage Mogadishu seaport, RBC Radio reports.
“The council of ministers unanimously endorsed the agreement by the Ministry of Ports and Public Works with Al Bayrak company to manage the seaport of Mogadishu in the coming 20 years.” A press statement from the Prime Minister’s office said.
According to the press statement, Al Bayrak will reconstruct, modernize and develop Mogadishu seaport.
Another Turkish owned company, Favori has been granted 20 years agreement to lead the management and handling services of the Mogadishu’s Aden Abdulle Airport.

















