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WAJAALE NEWS
Speech of the President of Somaliland His Excellency, Musa Bihi Abdi
October 11, 2018 - Written by Reporter:Distinguished Guests, Ladies and gentlemen, Connecting to landlocked countries such as Ethiopia and the rest of the region will reinforce the firm relationships that now exist and make Somaliland an important player in regional economic integration and growth. The importance of the Port of Berbera as a Red Sea gateway for the Middle East and Africa can now be realized, unlocking our potential as a trade hub and creating jobs across the country. The Berbera Port expansion and modernization work is the biggest construction project in Somaliland. This, together with the Berbera free zone and the new airport are an essential part of Somaliland’s economic development transformation and linkage to the wider regional economic integration and growth. This did not happen by itself. It is the result of tremendous work, notably by the governments of Somaliland, UAE and Ethiopia. Ladies and gentlemen, The Development of ports is about brining competitiveness which means better services and better prices; it is about economic integration, and trade facilitation among neighboring countries. We are determined to make Berbera port competitive with the major regional ports. The peace and stability of Somaliland as well as its strategic location attracted UAE and DP World’s huge investment into Somaliland. We welcome this investment and commend the courageous decision of UAE and DP World which will undoubtedly attract more foreign direct investment into Somaliland. We had invested, and will continue to invest a lot of time and effort in creating conducive environment for investment in Somaliland. Ladies and Gentlemen
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