Ethiopia signed deal with Port Sudan and called Sudan its closest and most strategic ally.
In Berbera he said he still has the edge because no one is building the corridor. He lefted out that UAE will spend $1b on the base and corridor on purpose. And the road is 250km.
Sultan Ahmed Bin Sulayem, Group Chairman and CEO talks about Berbera and its importance. Before the signing even Ethiopian government recommended Berbera.Q: There is another commercial war, the one that the United Arab Emirates is delivering to the port of Djibouti. The Emirati are present in Assab in Eritrea, Berbera in Somaliland and they are eyeing Aden in Yemen. Objective: capture your traffic. Are you aware of the danger?
It did not escape us. But I remain serene. In order for the port of Berbera to capture the Ethiopian market, the 280 km of road connecting the port to the Ethiopian border must be rebuilt at the rate of one and a half million dollars per kilometer, or more than 400 million. Who will pay? In addition, the draft required for large vessels, including tankers, is 12 km off Berbera while it is immediate in Djibouti. The comparative advantage is clearly in our favor.
Q: Behind this “Operation Berbera”, some see the hand of the Franco-Djiboutian businessman Abdourahmane Boreh, who was your adviser before he quarreled with you and is known to be close to the Emirati authorities. Is right?
Boreh played a role, but I believe they have since dismissed it.
Q: On 21 February, the International Court of Arbitration in London dismissed the State of Djibouti’s complaints against the Emirates of DP World and Abdourahmane Boreh. Since then, he has asked you to stop what he calls a “vendetta” and adds that even though many people ask him to run for the next presidential election in 2021, he is not interested. Are you ready to make peace with him?
It is not a matter of peace, but of justice. I do not consider that the London Court delivered a fair verdict. As for Boreh, we maintain our incriminations against him.
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