HARGEISA- The official launch of a $442 port expansion project in Berbera, Somaliland is being warmly received by businessmen across the region, including the CEO of one Africa’s largest money transfer firms.
Abdirashid Duale, CEO of Dahabshiil Group, was among many dignitaries who took part in the DP World Berbera launching event in Hargeisa, Somaliland, last Thursday (Oct 10).
Duale, spoke to reporters outside the event, and hailed the launch of the project as a ‘positive development for the whole region’.
“Investing in ports is essential for economic development. The development of ports across the Horn of Africa is important for the whole region. It will spur economic growth, job creation and create many investment opportunities,” Duale said.
“Dahabshiil operates across the whole region and relies on the Horn of Africa’s ports. We welcome the investment in Berbera port and the country’s development” Duale said.
“DP World is an international company that operates around the world. It operates ports in the UK, Europe, Africa, and other ports in this region. Such investment projects in the Horn of Africa is positive news for the whole region,” Duale
“The growing opportunities in the region is good for business and Dahabshiil warmly welcomes this development,” Duale said.