Page 8 - DIVA_4_2007_No.31

DJIBOUTI -

State of strategic Strength

The rise of the global An American military administration's strategy to
presence has increased strengthen Djibouti's present
shipping trade is creating
investor confidence as and future prospects.
immense opportunities for
Djibouti promotes its benefi-
cargo-handling ports on busy
cial geostrategic location in How does one go about
sea routes. Djibouti, in the
combination with its finan- locating Djibouti on a world
Horn of Africa, is no
cial and political stability. map?
exception. The country's
service economy is seeing
In November 2006, Djibouti Neither the size nor the pop-
increased growth this year
hosted the annual COMESA ulation of our country
following the government's
(Common Market for (23,000 kmz for fewer than
corporation agreement with
Eastern and Southern Africa) one million inhabitants),
Dubai Ports World, which is
Summit, and the country was surrounded as it is by larger
investing up to $600 million
sufficiently
in a new oil and containers keen to bring the 20 African countries,
member nations together in a throws our identity and our
terminal, 11 miles from the
renewed drive to create specificity into relief. The
existing port in Djibouti's
economic essence is to be found else-
advancement,
capital.
ultimately where; it is in our values and
enhancing
employment levels and culture of peace, which we
As a result, more enterprises
reducing poverty throughout have maintained since
are investing in infrastructure
the region. achieving independence in
projects and free zones across
1977. It is to be found also in
the country, which is fast
In this introductory note, His the good governance and
becoming a regional trans-
Excellency President Ismael democratisation of the coun-
portation hub.
Omar Guelleh outlines his try, making it possible for
6 4 2007 Diva
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