President IOG's Masterplan for Djibouti

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What i want to know is how will they fund this? this will cost billions if not tens of billions of dollars, did they get lucky and hit some kind of jack pot with a new found resource say oil, gas etc ? or is this just another fantastical fantasy ?
 

Rooble

Suldaanka Gobyare
VIP
What i want to know is how will they fund this? this will cost billions if not tens of billions of dollars, did they get lucky and hit some kind of jack pot with a new found resource say oil, gas etc ? or is this just another fantastical fantasy ?
Chinese funding I presume
 

Rooble

Suldaanka Gobyare
VIP
Inshallah Djibouti will look like that, Dubai was all built in less than 10 years, but this dream solely depends on the leaders.
Yeah InshAllah they will pull it off. The African Dubai.

A lot of other Mega projects underway too. Like the new airport being finished in 2018. The new Ethio-Djibouti gas-line. Tadjoura port , new Wind Farm etc.
 

Rooble

Suldaanka Gobyare
VIP
What is China getting in return?

Can't be only a military base since American only pays $63m a year for their base.
What did China get for funding new Ethio-Djib railway? Bank of China is covering the expenses. These are loans.
 

waraabe

Your superior
What did China get for funding new Ethio-Djib railway? Bank of China is covering the expenses. These are loans.

Ethiopia is a nation of a 100 million people and projected 7%+ economic growth for the next 2 decades. It is a secure investment. Djibouti can't be compared.


Non the less, all the best to Djibouti. About time the horn developed
 
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