Bosaso Port is now ready for the upgrade after DP World signed an agreement with the regional state of Puntland.
DP World, a ports operator from the United Arab Emirates, signed the deal with Puntland on Tuesday, December 13.
The agreement indicates that DP World would start working on the port in early 2023.
As per the agreement, the entire project is to take 12 months.
Ahmed Yaasiin Saalah signed the agreement on behalf of Puntland. He is the Minister of Ports and Maritime Transport of Puntland.
Suhail Albanna represented DP World.
He is DP World’s Chief Executive Officer (CEO) and the Managing Director of the firm’s operations in the Middle East and Africa.
They all signed the Bosaso Port upgrade agreement in Dubai.