Qatar announces investment in Somalia's Hobyo Port

Qatar announces investment in Somalia's Hobyo Port

By QLNews

In a move that reflects the strong ties between the two nations, Qatar has announced the signing of an investment deal under which it will help support the construction of a new port in central Somalia. 

The agreement forms a key building block in cooperation in maritime transport between Qatar and Somalia.

The construction of the 'Hobyo Port' will contribute to opening new horizons of cooperation between the two countries for the benefit of the two peoples, Qatar's Ministry of Transport and Communications (MOTC) said in a statement.

His Excellency the Minister of Transport and Communications Jassim bin Saif Al Sulaiti announced the investment partnership yesterday at a press conference in Somalia's capital, Mogadishu. 

The announcement was preceded by a meeting that brought together Qatar's Deputy Prime Minister and Minister of Foreign Affairs HE Sheikh Mohamed bin Abdulrahman Al Thani and the Prime Minister of the Federal Republic of Somalia, Hassan Ali Khayre.

HE Qatar's Foreign Minister, accompanied by HE the Minister of Transport, reviewed Qatar-Somalia ties and ways to enhance them in addition to other issues of common concern during the meeting with the Somalian premier.

After the meeting, HE Al Sulaiti together with the Minister of Ports and Maritime Transport of Somalia, Maryan Aweys Jama, announced the State of Qatar’s investment in the Hobyo Port to support the sisterly Republic of Somalia and bolster bilateral relations between the two nations.

According to Aweys Jama, the launch of the Hobyo Port construction project will create jobs for citizens and contribute to the Somalian economy.

Furthermore, MOTC said, the Hobyo Port will be designed and built according to the latest international standards and as well as the highest standards in safety and security.

The construction will be in a way that will bring many economic benefits for Somalia in terms of the investment returns and great business opportunities that the port will offer by enhancing the commercial relationship with new markets in Africa and access to international markets, in addition to providing maritime services to wider areas in Somalia, the statement adds.

The agreement has been signed under Mwani Qatar, which is responsible for managing the nation's seaports and shipping terminals.

Alongside its oversight of the country's quays, dry ports, and container terminals, Mwani Qatar provides navigation assistance and pilotage, towage, and Aids to Navigation (AtoNs) as well as loading, unloading, cargo handling, and storage. 

The Hobyo Port is an important Somali harbour due to its proximity to the Bab al-Mandab Strait, one of the most important sea crossing points in the world. It is also important due to its location in the Mudug region, which links the south and north of the country.

--

Make sure to check out our social media to keep track of the latest content.

Instagram - @qatarliving

Twitter - @qatarliving

Facebook - Qatar Living

Source and Cover Image Credit: QNA

 

COVID-19 Banner
Log in or register to post comments
Qatar launches saliva-based COVID-19 test for children

Qatar launches saliva-based COVID-19 test for children

The Ministry of Public Health (MOPH) has announced that Qatar has become one of the first countries in the world to launch a new saliva-based COVID-19 test for all children who require testing for the virus.
Al Thumama Stadium achieves significant health and safety construction milestone

Al Thumama Stadium achieves significant health and safety construction milestone

Al Thumama Stadium has achieved a significant milestone by becoming the latest FIFA World Cup Qatar 2022 project site to reach 20 million working hours without a lost-time injury.
WATCH: Ashghal opens the first phase of Sabah Al Ahmad Corridor

WATCH: Ashghal opens the first phase of Sabah Al Ahmad Corridor

The Corridor has been named after Kuwaiti Amir HH Sheikh Sabah Al Ahmed Al Jaber Al Sabah and symbolizes the strength of the ties between the people of Qatar and Kuwait.
Kahramaa enters Guinness World Records for largest drinking water storage tank

Kahramaa enters Guinness World Records for largest drinking water storage tank

Adding to the country’s portfolio of world records, the Qatar General Electricity and Water Corporation (KAHRAMAA) has entered the Guinness World Records for the ‘Largest Drinking Water Storage Tank’ in the world.
WATCH: HH the Amir directs sending urgent relief aid to Sudan

WATCH: HH the Amir directs sending urgent relief aid to Sudan

Upon the directives of His Highness the Amir Sheikh Tamim bin Hamad Al Thani, Qatar will send urgent relief aid to Sudan to minimize the impact of the record flooding this year.
WATCH:Qatar Rail sets up 300 AC bus shelters around Doha

WATCH:Qatar Rail sets up 300 AC bus shelters around Doha

Qatar Rail has announced that it is currently working to set up 300 air-conditioned bus shelters around Doha Metro stations in different areas.
WATCH: QL Home Edition: What do kids miss the most during quarantine?

WATCH: QL Home Edition: What do kids miss the most during quarantine?

This QL Home Edition video features some children from the community who share their feelings on what they've missed the most during quarantine.
WATCH: Qatar sets minimum wage; removes NOC requirement for changing jobs

WATCH: Qatar sets minimum wage; removes NOC requirement for changing jobs

Qatar introduces a non-discriminatory minimum wage and removes the No-Objection Certificate requirement to change jobs for employees.