Writen by Qaran News |

(Reuters) – DP World is considering setting up a logistics facility in landlocked Ethiopia to handle goods from a port it is developing in the semi-autonomous region of Somaliland, according to United Arab Emirates (UAE) state news agency WAM.

About 95 percent of Ethiopia’s inbound trade is handled by Djibouti which neighbours both Ethiopia and Somaliland.

The Ethiopian facility would receive and transport goods to other landlocked African countries, WAM quoted DP World Chairman Sultan Ahmed bin Sulayem in a June 30 report which did not provide further details.

Dubai-owned DP World, one of the world’s biggest port operators, did not immediately respond to a request for comment.