Djibouti is located at the junction of the three rifts – the East African, the Gulf of Aden and the Red Sea rifts. It plays a crucial junction role for import and export, representing a major gateway connection.
This is one of the reasons that motivated the Djibouti Ports & Free Zones Authority to begin construction of a $3.5 billion dollar free trade zone, which extends over 4,800 hectares.
The initiative is expected to create 200,000 new jobs, and cement Djibouti’s role as the strategic link between global maritime trade routes, whitin the Belt and Road Initiative.
The Djibouti International Free Trade Zone (DIFTZ) will transform trade in the region and provide a strategic base for global businesses to access the rapidly growing African market. Construction of DIFTZ began a week after the completion of the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia’s capital with the Port of Djibouti.