The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP
The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP

China Merchants signs US$350 million deal for Shekou-style revamp of Djibouti port

  • It’s the latest Chinese investment in tiny, strategically located East African nation
  • Port authority says it will create a world-class business hub and thousands of jobs

Topic |   China-Africa relations
The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP
The Port of Djibouti, which is more than a century old, is being redeveloped. Photo: AP
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