Djibouti’s New Horizon – President Guelleh Unveils $480 Million ‘Salaam City’

Djibouti City — H.E. Ismail Omar Guelleh, President of the Republic of Djibouti, on Monday launched a $480 million residential project dubbed “Salaam City,” as Djibouti steps up efforts to meet rising housing demand driven by rapid economic growth.

The development, led by Salaam Real Estate, is set to transform a vast area on the outskirts of Djibouti City into a modern urban hub, in what officials describe as one of the country’s largest housing initiatives.

Speaking at an inauguration ceremony…