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FINANCIAL NEWS
Jordan to boost economic ties with Djibouti
26 Apr 2016
(MENAFN) Jordan seeks to increase chances to invest in Djibouti in the industrial, agricultural, housing and service sectors.
Moreover, Djibouti confirmed to offer important facilities to establish a Jordanian logistic village in its free zone to store Jordanian goods and re-export them to African markets.
In addition, both sides decided to embark on talks to sign mutual deals on commercial preferences, investment encouragement and protection.
Aqaba Port is connected with Djibouti via four maritime routes, emphasizing that shipping between Aqaba and Djibouti is the cheapest, while the cost of one 20-cubic feet costs USD 500mn.
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