Djibouti Re-Tendering Airport Contracts Given to Chinese Company

(Bloomberg) --
By Nizar Manek, 20 October 2017

  • Port authority doesn’t say why it’s reoffering building deals
  • Small Horn of Africa country of growing strategic importance

Djibouti is re-tendering contracts for building two airports previously awarded to China Civil Engineering Construction Corp., a local official said, as the tiny Horn of Africa country becomes a strategic hub for world powers.
CCECC, which signed the contracts in January 2015, can participate in the re-tender, “but they will have no exclusivity,” Aboubaker Omar Hadi, the chairman of Djibouti’s Ports and Free Zones Authority, said in an interview. He didn’t give a reason for the re-tendering nor the source of financing for the airports.
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https://www.bloomberg.com/news/articles/2017-10-19/djibouti-re-tendering-airport-contracts-given-to-chinese-company