Albayrak Group has officially taken over the 20-year operating rights of Mogadishu Port, located in Somalia’s capital.

The signing ceremony for the port management agreement was attended by Somalia’s Minister of Ports Abdirahman Moallim (fourth from left), Deputy Minister Jamal Buru, officials from Albayrak Group, and representatives from the Turkish Embassy in Mogadishu. The agreement marks a significant step in Türkiye–Somalia economic cooperation.