Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Djibouti: Investment Climate Statement 2015

Djibouti: Investment Climate Statement 2015

Penny Hill Press
United States Department of State

Paperback

Business GeneralSocial Movements

ISBN10: 153277060X
ISBN13: 9781532770609
Publisher: Createspace
Published: Apr 16 2016
Pages: 24
Weight: 0.18
Height: 0.05 Width: 8.50 Depth: 11.02
Language: English
Djibouti's laws encourage foreign investment, with state-run media providing favorable coverage of projects funded by foreign entities.There is no screening of investment or other discriminatory mechanisms. Navigating the bureaucracy, however, can be complicated. Foreign investment in Djibouti is constrained by inadequate investor protections, difficulty in obtaining credit, and lengthy procedures for creating a new business. Certain sectors - most notably public utilities - are state-owned and are not open to investors. In March 2015, however, the Djiboutian government approved a bill liberalizing the production of electricity. The state-owned Djibouti Electricity (EDD) has had a monopoly on electricity production for decades. The bill will begin the process of opening this sector to competition, though this will likely be slow, as EDD will retain all rights to the transmission and distribution of electricity. Nonetheless, the liberalization of production is a positive step towards promoting private investment in the energy sector.

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