In brief
- On 14 September 2014, Somaliland Sun reported that Raysut Cement of Oman announced a deal with Barwaaqo Cement to operate a joint venture in Somaliland.
- The report said the companies would build a $7.5 million cement terminal in Berbera with capacity to store and distribute up to 12,000 tons of bagged and bulk cement delivered from Oman, targeting completion by the end of 2015.
- Somaliland Sun noted the agreement had not yet been confirmed by the government of Somaliland, and the report provides no evidence of what has happened since.
On 14 September 2014, Somaliland Sun reported that Oman's Raysut Cement announced it had agreed a deal with Barwaaqo Cement of Somaliland to operate a joint venture in the country.
The report said the two companies would build a $7.5 million cement terminal in the port city of Berbera. The terminal was intended to store and distribute both bagged and bulk cement delivered from Oman by sea, with capacity to store up to 12,000 tons of cement. Completion was targeted for the end of 2015.
Raysut Cement's CEO Eng. Salim Bin Alawi Bin Mohammed Baabood was quoted as saying geographic expansion was one of the firm's main goals as Oman's biggest cement producer looked for alternative sources of revenue. Somaliland Sun described Raysut Cement as a leading regional producer and the biggest producer in Oman and the United Arab Emirates.
Somaliland Sun noted the agreement had not yet been confirmed by the government of Somaliland at the time of the report. The article was bylined Michael Fahy and originally published by Constructionweekonline.
The report provides no evidence of what has happened since 14 September 2014. It does not establish whether the joint venture was formally established or whether the terminal was built. It gives no indication of any subsequent government confirmation, actual expenditure, progress, or operational status. The $7.5 million figure is an announced value, not an actual cost.
Frequently asked questions
What is the storage capacity of the planned cement terminal in Berbera?
According to Somaliland Sun's 2014 report, the terminal was planned to have capacity to store up to 12,000 tons of cement.
What investment was announced for the Raysut Cement and Barwaaqo Cement partnership?
Somaliland Sun reported the terminal would be a $7.5 million project. The currency was not explicitly stated as USD in the extract, and the figure is an announced value, not an actual expenditure.