Djibouti Commences Transformation Of Historical Port To Launch The East Africa International Special Business Zone
In a landmark ceremony, held under the auspices of HE President of the Republic of Djibouti, Ismail Omar Guelleh, Djibouti inaugurated the regeneration project to turn the Historical Port of Djibouti into an international business district.
A 6-phase regeneration plan
The regeneration will see the historical port transformed into a district called the East Africa International Special Business Zone, which will take place in six phases.
The first phase is the International Demonstration Area – the core part of the district – and will have a site area of approximately 220, 500 square metres, a total investment of approximately US$513 million and is due to be completed within 5 years.
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