The dp world chairman was in hargeisa the other day and was talking about free zone in berbera and how it will create thousand of jobs.
We should work with them for the interest of our nation and economic achievement.

Moderator: Moderators
original dervish wrote: Wed Feb 21, 2018 6:25 pm If they try that shit......they will lose their investment.![]()
Houthi are not the bigger issue.
If you were an actual northerner you'd know that we were already separate. So quite literally secession can and will be accepted.original dervish wrote: Wed Feb 21, 2018 6:35 pm Benny......I have always been a northerner......secession will never be accepted.![]()
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DP World stresses commitment to Somaliland
DP World chair says Somaliland has been independent for years, after Somalia banned operator
Sarah Diaa, Staff Reporter
13:46 March 15, 2018
Dubai: The head of DP World stressed his company’s commitment to its investments in Somaliland on Thursday even after Somalia banned the ports operator from operating there.
Sultan Bin Sulayem, DP World Group chairman and chief executive officer, said that Somaliland has been independent for the past 28 years and has its own agreements with several companies and countries.
At a press conference, he also described separate actions taken by the government of Djibouti to ban DP World from operating there as “unfortunate” and “illegal,” stressing that the company is currently in an arbitration process with a London court.
“For Africa as a continent, this action is going to set them back. If countries can change their policies, it is going to make it more difficult to attract investments in Africa in general. Banks will be very careful in financing in Africa,” Bin Sulayem said.
DUBAI (Reuters) - Port operator DP World said on Thursday that Djibouti’s decision to seize control of a terminal project could hurt African efforts to attract investment.
The Dubai state-owned port operator is facing twin political challenges in Africa.
Djibouti abruptly ended its contract to run the Doraleh Container Terminal last month and Somalia’s parliament voted this week to ban the company.
DP World has called the Djibouti move illegal and said it had begun proceedings before the London Court of International Arbitration, which last year cleared the company of all charges of misconduct over the concession.
“Africa needs infrastructure investments and if countries can change their law [to take assets then this] is going to basically make it more difficult to attract investment,” Chairman Sultan Ahmed bin Sulayem told a news conference in Dubai.
DP World reported 14.9 percent rise in 2017 profit to $1.18 billion profit and said that it would invest $1.4 billion across its global portfolio including in Berbera in Somaliland. [L8N1QX0F2]
It is developing a port in Berbera in partnership with the governments of Somaliland and Ethiopia. It is also developing a greenfield free trade zone in the breakaway region.
Bin Sulayem said he was not concerned by the vote in Somalia’s parliament to ban DP World from the country, which the parliament said nullified their Somaliland contract.
It is unclear how Somalia’s federal government could enforce the ban given Somaliland’s semi-autonomous status.
Europe, the Middle East and Africa accounted for about 42 percent of the cargo DP World handled in 2017.
Reporting by Alexander Cornwell; editing by Jason Neely