The Southern region is one of the six regions of Eritrea which is located in the southern part of the country with longitude of 380 15-390 40 east and latitude 140 15 north. It shares borders with the Central region in the north, Northern Red Sea region in the east, Gash Barka region in the west and Ethiopia in the south.
It is evident that Eritrean prehistory is as old as humanity and superbly endowed with archeological and paleontological remain spanning all temporal segments in the human career, that are believed to be the cradle of early hominids and large-sized mammals. The discovery of new hominid evidence in the Buya area (Northern-Danakil Depression), that is a one million year old hominid cranium. This paleontological area has global significance to the reconstruction paleoenvironmental and hominid behavior research.
Eritrea’s future growth and prosperity is based on a market economy, which gives the private sector a leading role. It encourages private investment from both domestic and foreign investors. In particular, the government in its newly established Free Zone in its ports and in tourism related projects. It offers significant incentives for such investors. Favorable investment policy, in particular, relates to taxes, foreign exchange regulations, labor laws, business licensing and guarantees.
Eritrea has two main ports, Assab and Massawa. Both ports are located on the sea lane that connects Europe with the Persian Gulf and the countries bordering the Indian and Pacific Oceans. The Massawa port has a quay length of 1007M with six berths where the largest is 208.6M long and 12M deep. The port also has a 204,057M2 storage area with a holding capacity of 150,000 metric tones including 79,000M2 of heavy duty paved concrete blocks for container stacking with a computerized container terminal management system.