President of Djibouti Ismail Omar Guelleh called on Qatari businessmen to seize investment opportunities available in his country. Djibouti was the only waterway to Ethiopia; its waterway serves 18 other African countries with a population of 400 million people, Guelleh made this remark during a meeting with Qatari businessmen recently.
Furthermore, Djibouti is currently investing in massive development infrastructure projects such as marine ports and airports railway stations that will link the country to Ethiopia, he added.
On his part, Qatar Chamber (QC) Vice Chairman Mohammed bin Ahmed bin Towar al Kuwari said that Qatar managed to improve its infrastructure and occupy a high rank among the world by adopting balanced policies. He noted that the State of Qatar is encouraging its private sector to invest abroad as part of Qatar National Vision 2030.
The Vice Chairman of QC said it was important for Qatari businessmen to benefit from the strong relations of the two countries. He added that the chamber supports Qatari private sector efforts of seeking investment opportunities in Djibouti in different fields. He noted that investment in energy in the African country could produce 100 MW through solar energy, wind energy or gas.
Djibouti is offering plenty of tax breaks, a solid banking system and is adding four new ports that boost trade in the African continent.