Djibouti, Country — Djibouti is poised to embark on a significant phase of green industrialisation with the approval of a major investment project, announced by President Ismaïl Omar Guelleh.
The initiative, endorsed by the President, is expected to drive the nation’s economic diversification and sustainable industrial growth, aligning with Djibouti’s Vision 2035.
According to a statement shared on X by the Minister of Economy and Finance, Ilyas M.
Dawaleh, the project will be executed by a consortium of five leading Chinese companies, with Sinochem at the helm.
The consortium is planning to invest over USD 1 billion in direct investments, aiming for implementation by the end of 2026–2027. “This new chapter of green industrialization is about to become reality, “Minister Dawaleh said emphasizing the strategic importance of the project for Djibouti’s future economic transformation.
While the specific details of the industrial components have not been revealed, authorities have indicated that more information will be disclosed in the coming period.
The announcement underlines Djibouti’s increasing appeal as an investment destination and its commitment to merging economic development with sustainability objectives.
The project is seen as a cornerstone of Djibouti’s Vision 2035, which focuses on fostering sustainable, green-led industrial growth.
Further details regarding the project’s implementation and its potential impact on the local economy are expected to emerge in the near future.
The government has not yet commented on the specific sectors that will benefit from this investment, but it is anticipated that the initiative will create new job opportunities and stimulate economic activity.
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Source: sonna.
