Floating refinery signing contract ceremony

The DPFZA Chairman participated in a ceremony of signing agreements regarding the development and financing of a floating refinery in Djibouti Damerjog Industrial Development (DDID). A Foreign Direct Investment that will allow Djibouti to lead the transition to lower-sulfur marine fuels.

Three agreements in total were signed to invest and explore potential further cooperation between Djibouti Damerjog Industrial Park, Singapore High Quality Energy Pte LTD, Great Horn Investment Holding and Khor Ambado FZCO. A promising start of 2020 for DDID.