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DP World considering logistics facility in Ethiopia: state news agency

DP World considering logistics facility in Ethiopia: state news agency


<p><strong>DP World is considering setting up a logistics facility in landlocked Ethiopia to handle goods from a port it is developing in the semi-autonomous region of Somaliland, according to United Arab Emirates (<span class="caps">UAE</span>) state news agency <span class="caps">WAM</span>.</strong></p> <p>About 95 percent of Ethiopia’s inbound trade is handled by Djibouti which neighbours both Ethiopia and Somaliland.</p> <p>The Ethiopian facility would receive and transport goods to other landlocked African countries, <span class="caps">WAM</span> quoted DP World Chairman Sultan Ahmed bin Sulayem in a June 30 report which did not provide further details.</p> <p>Dubai-owned DP World, one of the world’s biggest port operators, did not immediately respond to a request for comment.</p> <h3>Ethiopia’s port deals</h3> <p>DP World, the government of Ethiopia, and the government of Somaliland, partnered this year to develop the Port of Berbera on Africa’s east coast.</p> <h3><a href="http://www.africanews.com/2018/06/21/somalia-s-ports-deal-with-ethiopia-does-not-affect-somaliland-foreign-minister/"target="_blank">Somalia’s ports deal with Ethiopia does not affect Somaliland: foreign minister</a></h3> <p>The <span class="caps">UAE</span> is building a highway connecting the port to the Ethiopian border as part of other commitments to invest in Somaliland infrastructure.</p> <p>Somaliland broke away from Somalia in 1991 but has not gained international recognition and has acted as a de-facto state since then.</p> <p>Ethiopia is separately partnering with Djibouti and neighbouring Somalia to develop ports in their countries.</p> <h3><a href="http://www.africanews.com/2018/05/12/ethiopia-seeks-economic-union-with-neighbours/"target="_blank">Ethiopia seeks economic union with neighbours</a></h3> <p>DP World launched legal proceedings against the government of Djibouti earlier this year after the government abruptly ended its contract to operate Dorelah port.</p> <p><strong><em><span class="caps">REUTERS</span></em></strong></p>
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