Tiryaki Agro and DPFZA Sign Agreement to Modernize Port of Tadjourah

Tiryaki Agro and Djibouti Ports and Free Zones Authority (DPFZA) have signed a Memorandum of Understanding (MoU), marking the next milestone in their shared ambition to explore the long-term development, modernization, and future operation of the Port of Tadjourah.

The agreement establishes a framework for cooperation aimed at strengthening Djibouti's position as a regional commercial and logistics hub while supporting agricultural trade, supply chain resilience, and food security across the Horn of Africa.

Under the MoU, Tiryaki Agro and DPFZA will collaborate to evaluate the technical, commercial, and operational framework for the future development of the Port of Tadjourah.

Subject to the completion of studies, negotiations, and subsequent definitive agreements, the project envisions the improvement of port infrastructure, the expansion of logistics and storage capacity, the optimization of agricultural and bulk product handling, and a contribution to regional economic development.

This agreement builds on IFC's partnership with Tiryaki Agro to position Djibouti as a vital gateway for regional trade and food security in the Horn of Africa.

IFC's initial support, which included feasibility studies, planning, and stakeholder engagement, has helped lay the groundwork for this milestone, reflecting a shared commitment to unlock Djibouti's potential as a strategic logistics hub and build a more resilient and sustainable future through private sector-led growth.

Süleyman Tiryakioğlu, CEO, Tiryaki Agro, stated that "the signing of this Memorandum of Understanding marks a significant step forward in our long-term commitment to Djibouti and our vision to contribute to the country's role as a regional gateway for trade and logistics."

"We sincerely appreciate the vision and support of the Government of Djibouti, the leadership and collaboration of the Djibouti Ports and Free Zones Authority, and the valuable partnership of IFC, whose advice has helped shape this opportunity from its earliest stages. We look forward to continuing our joint work as we advance through the next phases of the project and explore its potential to strengthen regional trade, food security, and sustainable economic development," he added.

Through the ongoing collaboration of the Government of Djibouti, the Djibouti Ports and Free Zones Authority, IFC, and Tiryaki Agro, the project seeks to create the conditions for future investments in the Port of Tadjourah.