TOKYO — Africa’s Djibouti Ports and Free Zones Authority, operator of the strategic East African country’s ports, is seeking $11 billion in investment for upgrades, and new facilities such as airports.
In an interview with Nikkei Asian Review on the sidelines of the Tokyo International Conference on African Development, the port authority’s chairman, Aboubaker Omar Hadi, called for Japanese investment, saying that at this point Djibouti had “no choice” but to rely on Chinese funding.
Source link : https://asia.nikkei.com/Spotlight/Belt-and-Road/Djibouti-has-no-choice-but-China-for-infrastructure-development
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Publish date : 2019-08-29 07:00:00
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