Somaliland's $442m record investment deal - News Summed Up

Somaliland's $442m record investment deal


(CNN) The unrecognized nation of Somaliland, a semi-autonomous region of Somalia, has secured its largest ever foreign investment deal. DP World has committed to managing the port for 30 years. The deal with DP World represents a major coup for Somaliland as it demonstrates the country's clout on the world stage. The port development could improve Somaliland's international standing. "DP World Berbera builds on growth in the region where we are enabling trade."


Source: CNN August 01, 2017 11:03 UTC



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