Tuesday, July 7, 2015

Watch: Somalia’s Mogadishu Port Project

Watch: Somalia’s Mogadishu Port Project

A video released by the Port of Mogadishu shows the efforts which are being made by the Albayrak Group in modernising its container port in Somalia.

A 20-year-long period of management rights have been handed to Albayrak, where it will renew power supplies and surrounding structures for the ports development, in exchange for 45% of the port’s revenue. The remaining 55% will go to the Somali government.
The group has pledged to provide sheltering, loading, discharge, shifting and terminal services in order to bring the port up to international standards.

(Source: Port of Mogadishu / YouTube))

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