Construction

Benefitting from several years of consistent macroeconomic stability and the roll-out of greater business-friendly regulation, Djibouti has attracted a rising amount of investment – equiv-alent to as much as 52% of GDP – with the vast majority of it being directed towards capital pro-jects. This in turn is having a noticeable impact on Djibouti’s construction sector.

Urban renovation projects in the cities, espe-cially the capital, are improving housing infrastruc-ture while large-scale transport infrastructure projects aiming to better connect the country and establish its position as an international commerce hub are helping to reshape this small country in the Horn of Africa. New ports, railways, airports and power plants are breaking ground, all of which are transforming not only the economy’s long-term prospects, but also the construction sector’s short-term outlook.