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- Operations
- Tadjoura Port Expansion Project
Tadjoura Port Expansion Project
Djibouti
Borrower | Djibouti |
Financing Type | Public Sector |
Instrument | Blend Facility |
Focus Area | Transportation |
Approved | 10.03.2015 |
Signed | 16.06.2015 |
Status | Cancelled |
Loan Administrator | OPEC Fund |
Executing Agency | Autonomous International Port of Djibouti |
Co-financiers | AFESD, Government, OFID Lending Program |
OPEC Fund Contribution (US$m) | 6.00 |
Total Project Cost (US$m) | 31.50 |
To enable Djibouti to accommodate a higher volume of exports; in particular Ethiopian potash. This will contribute to the development of the northern region, one of the poorest parts of the country. In all, around 200,000 people stand to benefit from the project. Works will include increasing the quay’s length by 50m to allow for the simultaneous berthing of two, 200m-long ships, modifying structures for unloading/loading bulk carriers and construction of conveyance equipment .