ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Belt and Road

Djibouti has 'no choice' but China for infrastructure development

East African country hungry for other investors, says port authority head

Aboubaker Omar Hadi, chairman of the Djibouti Ports and Free Zones Authority, speaks at the Tokyo International Conference on African Development on Aug. 29 in Yokohama. (Photo by Akane Okutsu)

TOKYO -- Africa's Djibouti Ports and Free Zones Authority, operator of the strategic East African country's ports, is seeking $11 billion in investment for upgrades, and new facilities such as airports.

In an interview with Nikkei Asian Review on the sidelines of the Tokyo International Conference on African Development, the port authority's chairman, Aboubaker Omar Hadi, called for Japanese investment, saying that at this point Djibouti had "no choice" but to rely on Chinese funding.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more