The port of Mogadishu was handed over to Al Beyrak on 21 September 2014, and in a few months it will be seven years old.
The contract period is 20 years. The revenue is divided between 55% of the Somali government and Al Beyrak with 45%.
The agreement gives Al Beyrak the right to manage, modernize and expand the port.
Al Beyrak’s six-year management of the port does not appear to have made much of an impact, in terms of expansion, land reclamation and much-needed settlement equipment.
Some are sitting on a Tag Boat designed to tow ships previously donated by the government of Djibouti to the Somali government.
Shipping equipment such as cranes and forklift is in crisis, with only cranes donated by the Qatari government to Somalia operating, while Al Beyrak was required to bring new equipment to the port.
During Al Beyrak’s six-year management of the port, it was extended to a wall around the port, at the expense of the Somali government.
Somali workers face a variety of challenges, including wage, health and holiday rights