Construction

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As Djibouti establishes itself as a leading centre of international logistics, large investment volumes have been stimulating construction activity, notably in transportation and energy. In particular, port expansion, road development and the establishment of new power stations are expected to drive sectoral growth and support the development...

 

What are the main priorities when it comes to supporting the Year of Housing project?

 

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...

Chapter | Construction & Real Estate from The Report: Djibouti 2018

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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