Posted on October 16, 2017
A handover ceremony for the port of Bossaso was held in the commercial city of Somalia’s northeastern semi-autonomous region of Puntland on Thursday, Garowe Online reports.
Reports reaching GO’s news desk indicate that senior Puntland government officials have attended the event to transfer the management of the seaport on the Gulf of Aden to Dubai-based P&O Ports. The city’s overall security has been extremely tightened by the state forces who were deployed on the main streets during the handover event in the port, as its operations were up and running.
Elders, intellectuals and people from civil society groups were in attendance. P&O Ports has won a 30-year concession for the management and development of the port after signing a deal worth $336 million with Puntland President, Abdiweli Mohamed Ali “Gaas” in Dubai in April 2017.
Source: Garowe
