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Situated on the Gulf of Aden on the Horn of Africa, Djibouti sits at the crossroads of one of the world’s busiest trade routes linking Asia, Africa, the Middle East and Europe. To take full advantage of this strategic location, the country has developed sophisticated ports to position itself as an international maritime hub. Its numerous free trade zones are attracting foreign investment while fostering industrial growth, diversifying the economy, and creating jobs. Further, the country has ambitious plans to transform itself into a regional centre for trade, ICT and finance.
For more information and in-depth analysis from our on-the-ground experts, key government leaders and business executives, read The Report: Djibouti 2023, now available via the OBG Research Terminal.
Source link : https://oxfordbusinessgroup.com/videos/djiboutis-expansion-plans-aim-to-establish-the-country-as-a-centre-for-transport-and-trade-market-profile/
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Publish date : 2023-08-10 07:00:00
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