Might not be a bad idea
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The fourth largest port company in the world made a deal with the government of Somaliland. DP World will build an economic free zone in the new Republic.
- A total of 12.2 square kilometres of land has been earmarked for the Berbera Free Zone (BFZ), which is to be modelled on Dubai’s Jebel Ali Free Zone (Jafza), the Middle East region’s biggest free zone.
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The Dubai-based ports operator signed a 30-year concession agreement to manage the Port of Berbera in May 2016. In September 2017, the port recorded a 40 per cent year-on-year increase in container volumes – the highest total volumes in the port’s history, DP World said in a statement.
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The new economic zone aims to position Berbera as a gateway port for east Africa, by encouraging investments and trade in the warehousing, logistics, manufacturing and related businesses.
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hmmm...where have I heard of this free trade zone thing before?
Oh yeah..Hong Kong, Singapore, Mauritius:, and Dubai...it seems that the one thing they all have in common is that they are RICH.
you'd thing this 'free market' thing would catch on?