Djibouti lfp industrial solutions

Who is the CEO of Djibouti international free trade zone (DIFTZ)?

Mr.Yuan Junhua, CEO of Djibouti International Free Trade... The Djibouti International Free Trade Zone (DIFTZ) is a model of China-Africa cooperation in the new era and an important carrier of China’s “Belt and Road” initiative.

What is Djibouti industrial parks operation FZCO?

The International Djibouti Industrial Parks Operation FZCO (IDIPO), backed by the China Merchants Group and the Djibouti Ports and Free Zones Authority, is committed to serving the national "Belt and Road" initiative and promoting the economic development of Djibouti.

What is Djibouti international free trade zone?

The Djibouti International Free Trade Zone has become an internationally competitive trade and industrial comprehensive service platform, effectively driving local economic and social development and gradually becoming a new engine of Djibouti's economic growth and an important logistics node in the East African logistics corridor.

What is the development plan for Djibouti?

Djibouti's development plan includes an industrial park, liquefied natural gas and oil storage terminals, a crude oil refinery, power plants, a ship repair area and dry docks. The free zones in Djibouti have gained greater strategic relevance following the inauguration of the African Continental Free Trade Agreement (AfCFTA) in May 2019.

What is Djibouti Damerjog industrial development?

The Djibouti Damerjog Industrial Development project is a 15-year initiative that began in August 2018. Its development plan includes an industrial park, liquefied natural gas and oil storage terminals, a crude oil refinery, power plants, a ship repair area, and dry docks.

Does Djibouti have a multimodal infrastructure network?

Gebre-ab: Djibouti is constructing a truly multimodal infrastructure network: in 2017 it opened three state-of-the-art ports, and a new railway connecting it to the capital of Africa’s most dynamic economy, Ethiopia.