Djibouti about to expand Free Zone

Posted on August 23, 2010

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The Djibouti Free Zone is preparing a demand study to examine the possibilities to expand its facilities near the Djibouti Ports. The study will be carried out by the end of the year. The main reason for the expansion is growing business in and increasing export from Ethiopia.

“We have some indications from our clients that enlargement is needed,” says Sherif Muhtaseb, manager of the Free Zone. “We currently house military and NGO logistics; the rest serves Ethiopia. Why not flip it? I think exporting companies from Ethiopia will be very interested to have their tax-free export station right here.”

Read full story at Capital Ethiopia

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