Somaliland government gives ownership of Berbera Cement Plant to Red Sea Cement

Somaliland: The government of Somaliland, an autonomous region of Somalia, has given ownership of the Berbera Cement Plant to Red Sea Cement, a new company formed by Dahabshiil Group, Berbera Group and the Kuwaiti Kipco. The joint venture plans to renovate the abandoned plant, according to the Somaliland Press news website. The 0.2Mt/yr integrated cement plant was originally built by French and North Korean concerns in the late 1970s. However, production ceased at the site during the civil war in the 1990s.