Djibouti- India relations
This is a collection of articles archived for the excellence of their content. |
2018
Centre of entrepreneurship, innovation built by India
Djibouti gets first India-built centre of innovation, November 24, 2018: The Times of India
With China having set up its first naval base in Djibouti, India is making small moves to establish its own presence in the country. On Friday, Djibouti President Ismail Omar Guelleh inaugurated a centre of entrepreneurship and innovation built by India.
Built in a record time of two years, the project is one of the first targeting small businesses in Djibouti, but more important, it is a project that was specifically asked for by the Djibouti government. In November 2016, India had provided a $5 million grant to build an incubation centre in Djibouti.
In a statement, the Indian mission in Ethiopia and Djibouti said, “The centre, powered by solar energy, has been established to expose the youth to the entire ecosystem of entrepreneurship.” India, it added, had already provided $49.13 million to build a cement factory.