On February 13, Djibouti has launched the final implementation of the National Development Plan (NDP) for the period 2020-2024: "Djibouti ICI". This is a particularly ambitious plan, based on three strategic axes: Inclusion - Connectivity - Institutions. A plan that fits into the Vision 2035 framework, the future strategy defined by President Ismaïl Omar Guelleh. And a plan that builds on the country's strengths, on its will to emerge and modernize, in line with the demands of our time. In a complex region, Djibouti is working to consolidate its status as a pole of stability, security, and development. The previous first five-year plan (2015-2019) made it possible to exceed the growth targets and set up essential infrastructures with the completion of new port areas, free zones and the Djibouti-Addis Ababa railway line. The Covid 19 pandemic, as elsewhere, strongly impacted this positive cycle. The adverse effects of this crisis have been contained thanks to the 2020 National Solidarity Pact (NSP). This NPS, which has been included in Djibouti ICI, has allowed the country to underline the resilience of its model. The launch of Djibouti ICI symbolizes the country's willingness to move forward again, while addressing the structural challenges facing the nation in terms of social inclusiveness, infrastructure, sustainable development and governance. Djibouti ICI focuses on three interdependent and priority axes. The first axis (inclusion) aims to adopt an inclusive model and ensure a better distribution of growth. The second (connectivity) aims to ensure better national integration and strengthen Djibouti's position as a hub of the continental economy. The third (institutions) aims to consolidate the realization of rights and freedoms, democracy and public transparency, while strengthening social cohesion. The overall budget for the NDP 2020-2024 is estimated at 2,482 billion FDJ (€ 12 billion). The objective is to achieve an average growth rate of 8.5% in 2025, with a significant expansion of the private sector. These objectives require a major effort in terms of economic governance and the mobilization of internal and external financial resources. This approach is not new. For more than two decades, the country has been committed to this ambitious model. Djibouti has established itself as a key logistics and port hub. Overall wealth has more than doubled since 2000. And today, to increase the competitiveness of the economy, several major projects have been launched. This is the case of the Damerjog industrial park, of the new infrastructures in the field of shipbuilding and oil terminals, and the transformation of the historic port into an international business district. Studies for the construction of a new international airport have also been launched. The NDP 2020-2024 is a new tool to serve this national ambition, which is to make Djibouti an emerging nation, open to modernity and fully concerned about the well-being of all its citizens.Distributed by APO Group on behalf of Republic of Djibouti. Send us your press releases to email@example.com © Press Release 2021 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.