Notes on the Port of Berbera
DP World launched a joint venture with the Somaliland government in May 2016 to expand the port and allow DP World to operate the port for 30 years (plus an automatic 10-year extension). Stated investment value of $422 million by DP World.
In an agreement with Somaliland, Ethiopia will be routing more of its cargo traffic through Berbera in place of Djibouti.
