Dubai – Mubasher: P&O Ports, a subsidiary of Dubai Ports, has won a 30-year concession for the management and development of a port project at Bosaso in the Puntland State of Somalia, according to a statement.
Investments in the multi-purpose project will be $336 million (AED 1.235 billion) divided into two phases; $136 million (AED 500 million) for phase 1 and $200 million (AED 745 million) for phase 2.
