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Eastern Africa

Djibouti Secures Financing For Damerjog Trade Zone

The US$155 million in financing will be used to complete the oil jetty.

July 17, 2023

By Liz Bains
Djibouti’s Great Horn Investment Holding (GHIH) has secured US$155 million in financing to support the ongoing development of the Damerjog Industrial Development Free Trade Zone. The funds will be used to complete the Damerjog oil jetty and for the construction of a 150,000 cubic metre first storage depot / oil tank

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