The 72 kilometers road construction launched on Friday is part of the 234 kilometers highway in three phases. Supported Abu Dhabi Fund for Development, which provided $400 million, the road is expected to boost the trade between Somaliland and Ethiopia. The 72 kilometers road construction is estimated to cost 90 million. A few years ago, the government of Ethiopia has also ventured with Somaliland to have 19% stake in Berbera Port, while of Dubai holds 51% share. Located on the south Coast of the Gulf of Aden, currently Berbera Port facilities encompass more than 600 meters with Terminals for containers, general cargo office building and other properties.

Source: News Business Ethiopia March 03, 2019 08:15 UTC