Although, their's Corruption in Djibouti, lets give our Brothers credit for building one of the largest
Ports Infrastructure in Africa. I have been following all their Development news for many years
And remember, they have Vision 2040 Program and they are following it. In this 21st Century, post
Cold War and Globalization, Strategic location only is not enough to become rich and attract foreign
investment.
Djibouti has four out of many International Investment Requirements:
1- Political stability.
2- Location.
3- Currency stability.
4- A large Landlocked neighbors that needs its Port Services.
Note: Ethiopia although a large Population, is very poor and does not import that much.
as some other Countries. Compare that to Uganda/Rwanda/Burundi/South Sudan/Congo
using Mombasa Ports.
Djibouti disadvantages for International Investment:
1- Being one of the most expensive Country in the World by any Standard.
2- Lack of adequate domestic market.
3- Lack of rich neighbors to trade with.
4- Expensive power and Water.
And to Compare. what has our Country built in the last 10 years.
I wish our Djibouti Brothers a happy Vision 2040.