Optimal Environment For Investment

Tourists from all over the world, who have paid homage to Eritrea for many reasons, have been attesting to the accessible enabling environment for investment. On top of vast and virgin investment opportunities, asserting the fact that Eritrea is continuously growing a place of interest for investors owing to several other factors is not an overstatement, but rather is an averment of the reality.

The leading factor among others, which is given primacy for the development of investment by lots of observers, is the prevailing peace and stability in the country. Indeed, the era we are in, for many countries and peoples, is a time of internal political upheaval and crises as well as a season of conflict and mayhems. In the world today, quite a few nations are now convenient for leading tranquil livelihood. Stability is not only the prerequisite for all kinds of human activities, but also is the prime factor for investment. This is so because the investment that is capitalized on insecure and unstable political atmosphere always risks becoming variable.

Objectively speaking, investment cannot thrive in many countries of the Horn of Africa and the world where political instability and corrupt and unsystematic management remains rampant. On the contrary, Eritrea, further than scoring praise-meriting accomplishments in creating clean, lean, efficient and effective management, has managed well enough to build a nation where acts of larceny and corruption are by no means rife.

The next best factor is the installation of infrastructure facilities and the institution of social services. In this regard, too, Eritrea is better off compared to other areas in the continent. Having accorded the putting in place of infrastructures priority for all-round development, the people and Government of Eritrea have now managed to create an enabling environment for economic and trade investment activities upon undertaking major national development programs.As a result, Eritrea today has become a spot of investment.

Accordingly, domestic and international investment in the sectors of mining, tourism, agroindustry and fisheries is now building on. The potentials of the opportunities yet to be exploited are also vast. The opportunities in the sectors of service industry, financial activities and Free Trade Zone among others is incredibly immense, owing to Eritrea’s strategic location in the region and on a planetary scale. Added to the political stability and security, therefore, the aforementioned potentials compounded by the industrious people and visionary government devoted for the nation’s development and prosperity make Eritrea an optimal investment spot.

 

Last Updated (Saturday, 01 December 2012 11:04)