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Lac Assal Salt Development Project

Sector: Manufacturing (Industrial) • Location: Djibouti

Source: Dawan Africa

Project
Under Construction

Djibouti's Ministry of Energy and Natural Resources launched the first phase of the Lac Assal salt project, a $40 million initiative aimed at diversifying the economy and boosting economic growth. The first phase, funded with over $9 million, will build a plant producing 500,000 tonnes of industrial salt and 20,000 tonnes of edible salt within 8-12 months. Two additional phases will increase produ

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The project “Lac Assal Salt Development Project” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Djibouti, Djibouti. Taiyo aggregates data on it from Dawan Africa.

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Participants

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under construction

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Description

Description

Djibouti's Ministry of Energy and Natural Resources launched the first phase of the Lac Assal salt project, a $40 million initiative aimed at diversifying the economy and boosting economic growth. The first phase, funded with over $9 million, will build a plant producing 500,000 tonnes of industrial salt and 20,000 tonnes of edible salt within 8-12 months. Two additional phases will increase production to over 2 million tonnes of industrial salt and 50,000 tonnes of edible salt annually. The project is managed by Salt Investment S.A. and Beijing China-Mining Jinfa Technology Co. Ltd (CMJF), focusing on environmentally responsible practices and local job creation.

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Source reliability

High

Data quality score

100%

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URL

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