Ethiopian Investment Holdings has requested a 10-hectare plot at Damerjog Industrial Park in Djibouti to develop a 150,000 cubic metre fuel storage facility as part of its first phase. The proposal was presented during a meeting on March 19, 2026, between Deputy Chief Executive Officer Meleket Sahlu and Djibouti Ports and Free Zones Authority Chairman Aboubaker Omar Hadi. The site sits next to the port manifold and the Ethio-Djibouti railway, allowing fuel to move directly from tankers to trains with minimal delay. Officials also inspected the Damerjog Liquid Bulk Port, which has an annual capacity of 25 million tonnes, far exceeding the five million tonnes handled by Horizon Terminals. Djibouti’s authorities called for swift progress, pointing to ongoing Red Sea disruptions that have increased costs and supply risks. Ethiopia, which relies on Djibouti for the vast majority of its imports, faces rising fuel demand as the economy expands. If approved, the project is expected to ease logistics bottlenecks, reduce import costs, and strengthen energy security, while reinforcing Djibouti’s role as a regional energy hub.

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