Ethiopia takes 19% share in Berbera port for free

[TSP]

The whole corridor is banking on Ethiopia's huge market, there has to be some incentive for the Ethiopians to divert some market share from Djibouti to Berbera.

You only give out incentives for investments. Besides somaliland played themselves for doing this because Ethiopia needed another port to bring in their imports after the logistics headaches the clogged up Djibouti one was giving

 

[Prince of Lasanod]

You only give out incentives for investments. Besides somaliland played themselves for doing this because Ethiopia needed another port to bring in their imports after the logistics headaches the clogged up Djibouti one was giving

My guess is that Ethiopia threatened Somaliland and they complied. How can you give incentives to use a port? They are bloody customers! It's like a pizza company giving you $5 to buy a large pizza.

 

[xisaabiye]

Because it's bullshit, check the website lol. The reason why wanlawein are crying as usual is because they got a worse deal than us

OP is a waddani supporter so it makes sense that it's B.S

 

[waraabe]

OP is a waddani supporter so it makes sense that it's B.S

Funny thing is nearly every single wadani party mp voted for the base and dp world deal kkkkkk wadani isn't a serious political party which is why the OP is constantly crying and has turned against SL kkkkk

 

[Gilgamesh]

Excuse me but @waraabe @TheUnderTaker your logic is stupid.



You give away 19% of the revenue of your own damn port to another government so that they can pinky promise to use it for less than 1/3 of the time? Literally no other such deal has been made between countries where one is landlocked and the other has a port.



Actually it was Ethiopia that said last year they'd like to use the port for 30% of their imports due to congestion in Djibouti, so why the f*ck would Somaliland give them 19% of the port all of sudden? That's a reverse sales tactic is whoever did this deal on behalf of Somaliland retarded? Ethiopia is basically getting free money back for importing shit, and the worst is they could decide not to import anything and still get free money!

Are you retarded? If you read the article Somaliland gave away 5% and the rest came from DP World's share. The deal has been in talks for the year so the 30% they were talking about is the minimum that's agreed upon or else DP World would be stupid to spend money on a "maybe we would use it". It could only go higher depending on if Berbera is competitive and has lower costs than Djibouti's. The Ethiopians are going to be building a road to Wajaale and dry ports in Dire Dhabe for logistics, while DP World is going to be spending money out of their own pocket. Not to mention Somaliland's unrecognised status is another risk they're taking so this is a huge collateral that is well worth it.

 

[supz]

Ibswear this is hilarious. Its like a prostitute giving head after getting paid. These fuckers. Loool.

 

[waraabe]

My guess is that Ethiopia threatened Somaliland and they complied. How can you give incentives to use a port? They are bloody customers! It's like a pizza company giving you $5 to buy a large pizza.

The reason for the investment is to tap into Ethiopia's market and if this news is true it makes great business sense as it gives Ethiopia a stake and interest in the port. It's £5 off any large pizza

 

[Gilgamesh]

You only give out incentives for investments. Besides somaliland played themselves for doing this because Ethiopia needed another port to bring in their imports after the logistics headaches the clogged up Djibouti one was giving

And there has to be a market for the port. This is all a package deal. What use is an enlarged port if potential capacity isn't met?

 

[waraabe]

Are you retarded? If you read the article Somaliland gave away 5% and the rest came from DP World's share. The deal has been in talks for the year so the 30% they were talking about is the minimum that's agreed upon or else DP World would be stupid to spend money on a "maybe we would use it". It could only go higher depending on if Berbera is competitive and has lower costs than Djibouti's. The Ethiopians are going to be building a road to Wajaale and dry ports in Dire Dhabe for logistics, while DP World is going to be spending money out of their own pocket. Not to mention Somaliland's unrecognised status is another risk they're taking so this is a huge collateral that is well worth it.

I haven't seen one constructive argument yet from wanlawein. I guess they realised how bad their deal for Mogadishu has been which is why they are crying

 

[Gilgamesh]

I haven't seen one constructive argument yet from wanlawein. I guess they realised how bad their deal for Mogadishu has been which is why they are crying

Of course that's why they all resort to ad-hominem

 

[xisaabiye]

Wanlaweyn & Faqash speaking about bad business deals but they sold 50k somali women, the port, the airport, Jubbaland, & part of thee foking ocean

 

[waraabe]

Wanlaweyn & Faqash speaking about bad business deals but they sold 50k somali women, the port, the airport, Jubbaland, & part of thee foking ocean

But but but you are UAE and Ethiopian colony :siilaanyolaugh:

 

[XamarCade]

But but but you are UAE and Ethiopian colony :siilaanyolaugh:

U guys really take every word of Ethiopia and UAE (who massacred 41 landers) as truth? Ok

 

[waraabe]

U guys really take every word of Ethiopia and UAE (who massacred 41 landers) as truth? Ok

 

[iui]

2-0 ethiopia

 

[XamarCade]

Shhh it's ok, it's ok, ur gonna be just fine

 

[waraabe]

Shhh it's ok, it's ok, ur gonna be just fine

 

[Bohol]

 

[SIR-RIGHTEOUS]

HAG greed is even putting them in direct conflict with their supposed Isaaq allies.
Their "concern" is not nationalistic, it's parasitic. If they're not getting a share, they will not approve.

 

[Lord Flacko]

I know you are trying to save face but you haven't got a leg to stand on

Thing is I got two legs to stand one you got one cuz you gave the other one to Ethiopia :siilaanyosmile: