January 25, 2021: Ethiopian Airlines and the Djibouti Ports and Free Zones Authority (DPFZA) have agreed to launch a freight transport service, which aims to transport more than 400,000 tonnes of goods, mainly from China to Africa, as per African Aerospace.

The agreement will help the Ethiopian Airlines to double its existing cargo service.

At the end of 2020, an investment agreement was signed between Great Horn Investment Holding and China Merchants. The project represents the final stage in the implementation of the Port-Park-City concept – the full integration of ports, industrial parks and services. In an investment amount of more than $350 Million, this project will make Djibouti a leading business center where the business community around the world ‘meet and exchange' and will eventually create more of 27,000 jobs.

DPFZA launched a landmark project - the regeneration of the historical Port of Djibouti into the East Africa International Special Business Zone. This new development will play a key role in advancing Djibouti’s Vision 2035, which aims to maximise the advantages of its geostrategic position.

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