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
Ethiopia takes 19% share in Berbera port for free
- Thread starter Bohol
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Prince of Lasanod
Eid trim pending
xisaabiye
Ibnu Suxuufi Ibnu Al Dhoobe
waraabe
Your superior
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 kkkkkOP is a waddani supporter so it makes sense that it's B.S
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.
waraabe
Your superior
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
waraabe
Your superior
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
waraabe
Your superior
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:
U guys really take every word of Ethiopia and UAE (who massacred 41 landers) as truth? Ok
waraabe
Your superior
Shhh it's ok, it's ok, ur gonna be just fine
waraabe
Your superior
Shhh it's ok, it's ok, ur gonna be just fine
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.
Their "concern" is not nationalistic, it's parasitic. If they're not getting a share, they will not approve.
Lord Flacko
VIP
Thing is I got two legs to stand one you got one cuz you gave the other one to Ethiopia :siilaanyosmile:
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