Ethiopia takes 19% stake in DP World Berbera Port
The Ethiopian government will acquire a 19% stake in DP World Berbera Port following the signing of an agreement with the terminal operator and Somaliland Port Authority.
The deal comes just days after the neighbouring Djibouti government controversially took control of Doraleh Container Terminal (DCT), which DP World was the operator of, citing its poor performance.
DP World will hold a 51% stake in the Berbera project, Somaliland 30% and Ethiopia the remaining 19%.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
