Infrastructure
Djibouti, Ethiopia to Break Ground on Landmark $160 million Damerjog Petroleum Terminal
Capital Ethiopia · 2 days ago · Read the Full Story on Capital Ethiopia
AI SUMMARY
Djiboutian President Ismaïl Omar Guelleh and Ethiopian Prime Minister Abiy Ahmed are launching construction on a $160 million petroleum terminal at the Damerjog Industrial Park.
- Djiboutian President Ismaïl Omar Guelleh and Ethiopian Prime Minister Abiy Ahmed are jointly laying the foundation stone for the Damerjog Petroleum Terminal.
- The project is a partnership between the Dangote Group, led by Aliko Dangote, and Ethiopian Investment Holdings.
- The infrastructure development spans approximately 80 hectares within the Damerjog Industrial Park and represents a $160 million investment.
- The project is scheduled to launch operations on September 24, 2026.
- The terminal will feature a storage capacity of 375,000 cubic meters and a transit capacity of up to 5 million tons of petroleum products per year.
- The facility connects directly to the Damerjog-Nagad railway line and the Damerjog Liquid Bulk Port.
- The project will stimulate local economic activity, create hundreds of jobs, and boost Djibouti's status as a regional logistics and energy hub.
- For Ethiopia, the terminal provides an alternative to heavy road transport, cuts logistics costs, eases highway congestion, and secures a long-term energy supply.
- The development forms the cornerstone of a 120-kilometer multi-product pipeline connecting the storage facilities to the border town of Dawanleh in eastern Ethiopia.
Related
Construction Workers Cut Cable, Causing U.S. Flight Disruptions
BBC · 4 days ago
Ethiopia-Tanzania Power Supply Trial Ends with Commercial Talks Pending
The Reporter · last week
South Sudan to Build Fula Hydropower Dam on the Nile
TIKVAH Ethiopia · last week
Ethiopia and Kenya to Double Cross-Border Power Trade by December 2026
Capital Ethiopia · 2 weeks ago