Djibouti Must Improve in Upgrading Infrastructures
January 28, 2017
MOMENT RESEARCH CONSULTANCY
In light of Djibouti’s fortuitous positioning between East Africa and the Middle East, and on a key trade route between Asia and Europe, the country has long played a central role in regional trading. Increasingly, however, it is looking to parlay that lineage into an even greater role, expanding infrastructural capacity and linkages to ensure the small 800,000-person nation is able to act as a prominent gateway to the fast-growing markets surrounding it.
More than $14bn worth of new airports, pipelines, port and terminal facilities, and roads and railways are under construction, underwritten by several vast public and foreign investment schemes. Whilst some new transport infrastructure will service passenger travel to and from the country – such as the two new airports under construction – the bulk of the projects will be developed to suit different types of cargo, such as minerals, energy products, bulk and containerised goods, and even livestock. Continue reading