Djibouti(SONNA)-Djibouti is set to enter a new phase of green industrialisation following the endorsement of a landmark investment project by H.E. President Ismaïl Omar Guelleh. The initiative, which has received the President’s full approval, marks a significant step forward in the country’s long-term development strategy.
According to a statement shared on X by the Minister of Economy and Finance, Ilyas M. Dawaleh, the project will be implemented by a consortium of five leading Chinese companies, led by Sinochem. The consortium plans to invest more than USD 1 billion in direct investments, with implementation expected by the end of 2026–2027.
The project is positioned as a cornerstone of Djibouti’s Vision 2035, placing strong emphasis on economic diversification and sustainable, green-led industrial growth. While specific details of the industrial components have not yet been disclosed, authorities have indicated that further announcements will be made in the coming period.
“This new chapter of green industrialization is about to become reality,” Minister Dawaleh said, highlighting the strategic importance of the initiative for Djibouti’s future economic transformation.
The announcement underscores Djibouti’s growing role as an investment destination and its ambition to align economic development with sustainability objectives.
