DP World launches Berbera economic zone in Somaliland

Following its investment in the Port of Berbera, DP World is now launching the Berbera Economic Zone to create an integrated maritime, logistics, and industrial platform to serve the Horn of Africa and Ethiopian markets.

The Port of Berbera is the most modern container terminal in the horn of Africa with extensive bulk and breakbulk handling facilities as well as liquid cargo handling capability.

On the other hand, the Berbera Economic Zone, modelled on our flagship Jebel Ali Free Zone in Dubai, aims to offer a similar business environment that our Jafza customers have become accustomed to, whether it is in terms of the regulatory framework, range of facilities, incentives and the one-stop-shop services.

Suhail Albanna, DP World’s CEO & MD of the Middle East & Africa says “With both the port and the economic zone being operated by DP World, it will be like home away from home for our Jafza customers”.

A new special economic zone law and a new special economic zone companies’ law have been passed by the Somaliland Parliament with a view to offer companies operating in the zone a secure and stable business environment.

The facilities which are available for annual lease, long-term lease of 25 years or sale include offices, prebuilt Light Industrial Units (LIUs) as well as serviced land plots. DP World can also offer built to suit as well as project management services for companies looking to outsource the construction of their facilities.

Moreover, DP World will provide logistics services including clearing, storage and delivery of goods to companies operating in the zone.

The incentives offered to companies include a wide range of fiscal and non-fiscal incentives, including exemption from corporate tax, duty-free storage of goods, exemption from import or export permits, 100% foreign-owned companies and the ability to employ foreign labour.

“With both the port and the economic zone being operated by DP World, it will be like home away from home for our Jafza customers.” Suhail Albanna, DP World’s CEO & MD of the Middle East and Africa

DP World has set up and will operate the one-stop shop where services include company formation, licensing, issue of building and Health, Safety & Environment (HSE) permits, as well as facilitating other services such as visa and work permits. Applications for registration and licensing can be made through the Berbera Economic Zone portal or submitted and attested through the Jafza one-stop shop.

This integrated maritime, logistics and industrial platform, the customer centric ecosystem as well as the competitive and conducive business environment,  constitute the key attributes in positioning Berbera as an emerging gateway for the horn of Africa and Ethiopian markets.

Source & Photo : Jafza

RELATED ARTICLES

Transnet Issues RFP to return long-standing Locomotives to Service to meet Customer Demand

In a further effort to normalise freight operations in South Africa, Transnet Freight Rail (TFR) has issued an open competitive tender inviting eligible original equipment manufacturers (OEMs) to step in to rehabilitate the non-operational Chinese-manufactured locomotives awaiting critical spare parts. This follows on the impasse with the CRRC E-Loco Supply, the Chinese stateowned supplier of […]

Read More

Strengthening cooperation in the transport sector at the centre of Moroccan-Gabonese talks

The means of reinforcing cooperation between Morocco and Gabon in the fields of transport and logistics were at the centre of talks, on Thursday 26 January 2023 in Rabat, between the Minister of Transport and Logistics, Mr. Mohammed ABDELJALIL and his Gabonese counterpart, Mr. Brice Constant Paillat. During this meeting, the two parties reviewed the […]

Read More

THE ACTIVITY OF THE PORTS OF MOROCCO FOR THE YEAR 2022

The Moroccan ports have recorded a positive evolution of the global port traffic, which went from 192.1 million tons in 2021 to 195 million tons in 2022, i.e. an increase of 1.5%: the domestic traffic recorded a volume of 110.1 million tons (-1.2%) while transhipment reached a volume of 84.8 million tons, i.e. a growth […]

Read More