In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
Several social housing projects have been launched in Djibouti as the country looks to accelerate construction and attract more private investment to meet rising demand. In early July 2018 President Ismaïl Omar Guelleh laid the first stone for the construction of 1000 low-income housing units in Balbala, a southern suburb of Djibouti City. The...
In an effort to utilise sustained economic growth to improve the living conditions its population, the authorities have sought to overhaul the country’s real estate sector. Over recent years the lion’s share of investment has flowed into critical infrastructure development. These projects are necessary for the consolidation of the country’s...
Large investment volumes have been stimulating construction activity, notably in port expansions, road development and the establishment of new power stations. These projects are expected to drive growth in both the sector and the overall economy. In addition, the need to improve living conditions for the country’s population is providing motivation for a range of urban projects. Hence, the...
Located at a juncture between Africa, the Middle East and Asia, Djibouti has easy access to international trade routes via the Gulf of Aden and the Red Sea, and borders fast-growing yet landlocked Ethiopia, making it an ideal continental hub. New ports, railway links and road improvement projects are enhancing economic efficiencies and providing a solid platform to bolster expansion in sectors.
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