Why should Djibouti invest in a new road corridor?

An upgraded, more efficient and safer road corridor will attract investments, facilitate regional and domestic trade, and create new jobs and economic opportunities, especially for women. The project contributes to Djibouti’s overall objective of poverty reduction.

What role does transportation play in Djibouti's economy?

“Given Djibouti’s strategic position in the Horn of Africa, the transportation sector plays a critical role in the domestic and regional economy,” says IIlyas Moussa Dawaleh, Djibouti’s Minister of Economy and Finance in charge of Industry.

How much money does the World Bank have in Djibouti?

The World Bank in Djibouti The World Bank’s portfolio in Djibouti consists of 15 projects totaling US$328 million in financing from IDA.

What is the Djibouti Regional Economic Corridor project?

The Djibouti Regional Economic Corridor Project will support the rehabilitation and upgrading of 42 kilometers of the Djibouti-Addis Ababa southern corridor, which connects landlocked Ethiopia to world markets via access to Djibouti’s port. The project will build infrastructure that is both climate-resilient and adheres to road safety standards.

Why should Djibouti be a major port of transit?

The project supports efforts to strengthen Djibouti’s role as a major port of transit in the eastern and central African region. An upgraded, more efficient and safer road corridor will attract investments, facilitate regional and domestic trade, and create new jobs and economic opportunities, especially for women.

Can Ida help improve Djibouti-Addis Ababa connectivity and logistics?

The World Bank today approved US$70 million in credit from the International Development Association (IDA) to improve regional connectivity and logistics in Djibouti, along the Djibouti-Addis Ababa corridor.