Bosaso Port Development

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Gibiin-Udug

Crowned Queen of Puntland. Supporter of PuntExit
It made my day seeing the Puntland flag before the irrelevant flag. :rejoice:


One step closer to operation secession party. :rejoice:
 
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Puntland's flag is so beautiful and majestic.

:wow:


i find it really ugly tbh.
 

Gibiin-Udug

Crowned Queen of Puntland. Supporter of PuntExit
it looks too much like the sierra leone and djbooty flags, the color is so dull. if were planning on living somalia behind you need a better flag that has no traces of it.

Ummmm you tried it.

Puntland flag don't resemble Sierra Leone, Djibouti and Puntland flags don't remotely look alike.

Girl since I'm going to be filthy rich, i don't have time to defend the Puntland flag, soon it will fly over all of the world. Puntland a.k.a the new Emirates. Say Mashallah!
 
Ummmm you tried it.

Puntland flag don't resemble Sierra Leone, Djibouti and Puntland flags don't remotely look alike.

Girl since I'm going to be filthy rich, i don't have time to defend the Puntland flag, soon it will fly over all of the world. Puntland a.k.a the new Emirates. Say Mashallah!
sis.... im not here for the colours. and the blue with the white star on top is redundant. idk theres a lot of countries with ugly flags, but still, i think we could've done better.
 

repo

Bantu Liberation Movement
VIP
P&O PORTS WINS 30-YEAR CONCESSION FOR PORT OF BOSASSO IN PUNTLAND

USD $136 million investment for multi-purpose facility

Dubai, United Arab Emirates, 6th April 2017: P&O Ports has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia.

President of Puntland, H.E. Abdiweli Mohamed Ali and the Chairman of Ports, Customs & Freezone Corporation (PCFC), Sultan Ahmed bin Sulayem signed the agreement at a ceremony in Dubai today attended by senior Government officials and representatives of PCFC.

Work on the project will involve building a 450m quay and a 5 hectare back up area, dredging to a depth of 12m with reclamation work using dredge spoil. There will also be major investment in an IT and Terminal Operating System (TOS), mobile harbor cranes and container handling equipment. The local community in the port area will also relocated.

President of Puntland, H.E. Abdiweli Mohamed Ali, said:

“This investment is a huge undertaking in Puntland and will greatly contribute to the infrastructure development in Somalia, particularly the Puntland State of Somalia. Infrastructure development is a priority for the government of Puntland as it underpins the efforts of taking this country forward. This concession agreement of expanding the Bosasso port is a major achievement for my government and for the people of Puntland. It promotes the historical and the trade relations between the countries of UAE and Somalia.”

PCFC Chairman, Sultan Ahmed Bin Sulayem, said: “The Port of Bosaso is a unique opportunity to enter into a multi-purpose port that is transitioning to containerization in a country that is growing strongly as it enters a period of sustained peace. It fits ideally into P&O Port’s mandate to invest in multipurpose ports in emerging markets, employing local people and developing skills. In return, the state of Puntland will benefit from an internationally recognized port operator contributing to its economic growth and trade potential.”

The Port of Bosaso is located in Puntland State of Somalia, 2000kms north of Mogadishu. It occupies a strategic location for maritime transport in the Gulf of Aden at the Southern approach to the Red Sea and Suez Canal.

Benefits to the region of Puntland:

Aside from the direct employment that will be created in the Port of Bosaso there will be numerous ancillary benefits, including:

  • Employment in Bosaso region

  • Bore wells providing clean drinking water for & humans / cattle

  • Mobile medical service

  • Development of regional fisheries industry (Fish processing in Bosaso for export)

  • Development of Quarantine area

  • Development of Free Zone

  • Development of general community welfare

    P&O Ports in Puntland
    Building Tomorrow …

    upload_2017-4-20_3-21-6.jpg


    … Today

    upload_2017-4-20_3-21-6.jpg
 

Yonis

Puntland Youth Organiser
FKD Visionary
VIP
Why did this take so long, the deal was signed in April :what1:

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GAROWE, Puntland- Lawmakers of Somalia’s northeastern region of Puntland, have endorsed the recent agreement signed between Puntland government and Dubai-based firm, DP World last April, Garowe Online reports.

The $ 336 Million joint venture to develop and manage Bosaso Port was passed in favor by majority of the state MPs who were present at the session held on Thursday.

Prior to the voting session, caretaker Minister of Ports and Marine Transportation, Saed Mohamed Rage, was called before the Parliament to highlight about the deal and obstacles that could rise from the agreement with DP World.

However, Rage indicated to the state lawmakers that the region will greatly benefit from the development of infrastructure, which will generate employment and open trade opportunities for the region.



Subsequently, a brief multimedia show was displayed to the Parliament revealing the phases the project will take place to develop the Port to the its full capacity.

According to the agreement, DP World has won a 30-year concession for the management and development of a multi-purpose port project at Bosaso. The approximate investment for the modern multi-purpose facility will be $ 336 Million divided into two phase. $ 136 Million in the first phase and $ 200 in the second phase.


http://www.garoweonline.com/en/news/puntland/somalia-puntland-parliament-endorses-dp-world-agreement
 
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