Djibouti International Free Trade Zone (DIFTZ) Future Phases

zone

Cities

Djibouti

✸ Djibouti

Cost

$3.5b

$3,500,000,000

Phases

planned,

Objective

Description

DIFTZ, set to be the largest free trade zone in Africa once complete, presents dynamic new opportunities for businesses from around the world.

History

Li also emphasised that the Djibouti FTZ will allow CMPH to duplicate its 'Shekou business model' in east Africa. Shekou, which is also known as “Port-Park-City” or “Shekou 1.0”, was created in China during the 1980s as a purpose built port-city development. CMPH replicated this model successfully in Shenzhen, Guangdong