This project entails the construction of a port at Gara’ad coastal town. This private venture will be undertaken with the approval of the government and will seek to open up the central Somalia regions and eastern Ethiopia for easy trade with the outside world especially the gulf countries. Wadaag San Company is well prepared for the assignment. The company has already carried out feasibility studies and the budget estimates of the project. The project is estimated to cost approximately $51million USD.
Taking advantage of the relative stability of the Puntland State of Somalia, Wadaag San Company wishes to implement the port of Gara’ad via the Reginal Capital of Galkaio to Galdogob at the border between Somalia and Ethiopia. In this document the project will be called Gara’ad Fishing and Commercial Port.