Addis Adaba/Djibouti International Free Trade Zone (DIFTZ) Phase 1
zone
Cities
Djibouti
✸ Djibouti
Cost
$370m
$370,000,000
Phases
operational, 2018
Objective
The FTZ makes it easier for Chinese companies to set up businesses closer to where their customers are. It also makes it easier for customers to conduct business without physically going to China," said Dawit Michael Gebre-ab, senior director of Strategic Planning for the Djibouti Ports and Free Zones Authority.
Description
Phase one of the DIFTZ is part of plan for Djibouti to become Africa's hub of commerce, trade logistics and transportation.