Djibouti’s GDP growth of 6.7% in 2017 was primarily due to government efforts to overhaul the economy under the auspices of its flagship national development blueprint, Djibouti Vision 2035. The plan’s aim is to transform the country into a middle-income economy, as well as a regional transport and logistics hub, and it seems to have been welcomed by the local business community. In the inaugural OBG Business Barometer: Djibouti CEO Survey, 68% of the 40 C-Suite executives surveyed believe Djibouti Vision 2035 will be successful or very successful in achieving its goals. In addition, 90% of executives said they have positive or very positive expectations of local business conditions in the coming 12 months. For more information on the OBG Business Barometer, please visit www.oxfordbusinessgroup.com/ceosurveys.
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