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This article also features in Video: Djibouti’s plan for sustainable economic growth. Read more about this report and view purchase options in our online store.

Video: Djibouti’s plan for sustainable economic growth

Djibouti | Economy

Growth Perspectives Video

En Français

 


This Growth & Recovery Outlook video highlights Djibouti’s growth trajectory and potential moving forwards. The country has experienced strong economic expansion in recent years, driven by industry, services and port activity. The country is utilising its natural resources to boost tourism and aquaculture. It is also looking to expand its renewable energy capacity. New plans and strategies seek to improve revenue collection and attract foreign investment. The Djibouti Sovereign Fund (Fonds Souverain de Djibouti, FSD) created in 2020, aims to contribute to rapid economic diversification, and inclusive social and economic development, by investing in key projects.

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Regional ties: Bilateral trade talks between the UK and the GCC stand to benefit renewable energy and food security in the bloc's renewable energy and food security

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Green targets: Sustainable investment and residential and tourism development offer opportunities to reach net-zero goals

In recent years Sharjah has taken steps to align public financing with environmental and socio-economic priorities, leveraging local business’ expertise and inherent advantages. As such, the COP28 UN Conference on Climate Change hosted by the UAE in November 2023 presented a key opportunity for Sharjah to showcase its progress in advancing the UN Sustainable Development Goals (SDGs) and contributing to the UAE’s commitment to become a net-zero economy by 2050. Sustainable Finance In Februa…

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