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C O M M E N T
A R Y What they're
saying ... The cargo vessel
Shebelle has just docked at the port of Djibouti,
carrying dozens of brand-new trucks. Djibouti's Red
Sea port is a key African shipping hub Further
along the quay, hundreds of porters are splitting a
shipment of loose maize into sacks and loading them
onto lorries. A knot of camels is standing around
in the livestock hangar, waiting to be sent to the
Arabian peninsula. This expanding shipping hub is
located on one of the busiest maritime trade routes
in the world. Landlocked Ethiopia is the main
client and Ethiopian Shipping Lines use Djibouti as
their home port. It is a major dropping point for
World Food Program and USAID supplies, which are
transported by road or rail to Ethiopia's capital,
Addis Ababa. Ethiopia's cash crop, coffee, is
exported in bulk. Now an ambitious investment
project plans to turn Djibouti into Africa's
biggest shipping terminal, extending its commercial
reach throughout East Africa. Continued
on
BBC website Djibouti to explore
Dubai's successful tourism model Djibouti Profile by Gulf
Marine Investments Potential areas
for further investment include Djibouti's port and
an expanded free trade zone, tourism,
manufacturing, finance, utilities and telecom
sectors. GMI is encouraging and facilitating
foreign investment in Djibouti and elsewhere in the
region by assisting with local logistics,
administrative procedures, procurement and
finance. Plans for the development of a major
commercial zone adjacent to the fishing port to
include a hotel, residential, office and
recreational facilities intended to cater to the
growing expatriate and business community are being
finalized. GMI is seeking U.S. businesses
interested in owning a footprint in Africa to
participate in this ground floor
opportunity.
http://www.gulfmarineinvestments.com/wst_page6.html Djibouti: Travel, Tourism
and Recreation |
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