05 May 2015 Dry Bulk | Ports & Terminals Djibouti is building two new ports: on Lake Goubet and in the Gulf of Tadjura, with total investment reaching $125.7 million. Goubet port will export both culinary and industrial salt extracted from Lake Assale, which is located 120 km West of Djibouti city. This new facility, which is to be built by China Harbour Engineering — and should open in 2016 — will require investment of $64 million. Tadjura Port will specialize in exporting potash from neighbouring Ethiopia, which has no coastline of its own. This facility requires $61.7 billion and should be opened in 2016, too, with exports commencing in 2017. It is located in eastern Djibouti, overlooking the Gulf of Tadjura, close to Northern Ethiopian. BC