Dubai-based port operator and logistics and supply chain company DP World has announced the completion of a 400 meter extension of the Berbera Port in Somaliland.
The extension will increase the terminal’s capacity to 500,000 TEUs per year, according to the Dubai Port Company.
DP World tweeted, “We have just completed a 400m quay and a new extension at Berbera Port, Somaliland. Once operational, it will increase the terminal’s capacity by 500,000 TEUs per year and will further strengthen Berbera as a major regional trade hub servicing the Horn of Africa.”
So far, DP World has invested $442 million for the expansion of the Berbera port.
With regard to the extension of the Berbera Port, Vice president Abdirahman Abdilahi told the media, “As Deputy President of Somaliland and on behalf of the people, words can’t express my great excitement about the nearing completion of the Berbera port expansion. my gratitude goes to the Sheikhs of the UAE and the DP World.”
According to reports in the media, DP World is set to open its first logistics centre in the district of Duran in Ecuador. Around 90 percent of the developmental work of DP World’s logistics centre in Ecuador has been completed so far.
The centre will offer services to the entire foreign trade chain in Ecuador, in Posorja and the other port terminals in Guayaquil.
With regard to the new logistics centre, Nicolas Gauthier, chief executive officer at DP World in Ecuador told the media, “The work done so far is a source of pride for all the teams that have achieved this milestone despite the unprecedented challenges. The development of this logistics centre ratifies DP World’s commitment to Ecuador.”