Investment in Djibouti

Last updated 30 June 2020
Investment in Djibouti

What Encourages You to Invest in Djibouti?

The Strategical Geographical Location

Djibouti enjoys a unique location because it overlooks the Strait of Bab Al-Mandab, which is an entrance to the Red Sea, and an important trade route between the African and Asian continents. It is thus considered the meeting point of international shipping lines.

Also read: A Simplified Definition of Commercial Law

Political Stability in the Country

The country of Djibouti does not suffer from any political problems internally or with other countries. Its relations with all countries are stable. This would encourage investment in the country because politics is closely related to economy, and the stability of politics means the stability of the country’s economy. That is why we see that the value of the national currency in Djibouti is fixed in relation to the other currencies.

Also read: The Most Important Branches of Commercial Law

The Ability to Compete in the Market

What makes the foreign investor able to create successful projects in Djibouti is the lack of competition in the market. Djibouti is one of the countries that belong to the developing world. In addition, it is rich in fish resources and contains fertile agricultural lands, which stimulates investment in the country.

Also read: The Most Important Branches of Commercial Law

Good Infrastructure

Although it is one of the developing world countries, and it is a small country, it contains service facilities that help it to keep developing. Djibouti contains ports equipped with the latest technology, and a modern communications network.

Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment

Governmental Facilities

The state offers a set of exemptions to grab the attention of investors towards it. Among these exemptions is the exemption from the local consumption tax on materials needed to start investment projects.

اقراء المقالة باللغة اخرى : العربية

Was the article helpful?

Yes No
×

Sorry for that!

×

Wonderful !

1090 Views
هل تنقصك معلومة في المقالة ؟ يشرفنا الرد عليك

Leave a Reply

Your email address will not be published.