How Djibouti becomes world class commercial, logistics hub – New Business Ethiopia - News Summed Up

How Djibouti becomes world class commercial, logistics hub – New Business Ethiopia


A year ago, on February 22nd 2018, the State of Djibouti prematurely terminated the concession for the Doraleh container port, awarded in 2006 to Doraleh Container Terminal (DCT), a company essentially controlled by DP World, a minority shareholder. And this, despite the “fake news” campaigns, the multiplication of legal proceedings, and other attempts by DP World to intimidate the Djibouti State and its strategic partners. In early February, before members of the US Senate Committee on Armed Forces, General Thomas Waldhauser, Commander-in-Chief of AFRICOM (United States Africa Command), pointed out that the Doraleh container port had provided better services since DP World’s departure. The container terminal is one of the cornerstones of an ambitious national development project: to make Djibouti a major commercial and logistics hub between Asia, Africa and the rest of the world. EDITOR”S NOTE: This press release is distributed by African Media Agency on behalf of The Presidency of Djibouti Republic.


Source: Ethiopian News February 25, 2019 18:00 UTC



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