“With this new world-class infrastructure, Djibouti confirms its position as a major trading hub for the continent. We are proud to show the world our capacity to deliver major infrastructure projects – some of the most technologically advanced on this continent,” said Aboubaker Omar Hadi, chairman, Djibouti Ports and Free Zones Authority (DPFZA).
The Doraleh Multipurpose port (DMP) sprawling on 690 hectares, it is estimated to have cost over 590 million USD since it’s initiation in 2015. The project was jointly funded by DPZA and China Merchant Holding (CMHC).
The start of the art port is installed with equipment manufactured by Chinese firm ZPMC.
The mega new port has been completed synonymously with the Addis Ababa-Djibouti Railway, a new 752km track linking Ethiopia’s capital with the Port of Djibouti.
“Djibouti sits at the centre of world trade routes, connecting Asia, Africa and Europe. The port is a gateway to one of the fastest growing regions of the world with 30,000 ships transiting the port each year. Goods from Asia represent 59%, with 21% coming from Europe and 16% from elsewhere in Africa,” says the statement by the ports authority on Wednesday.