Tag Archives: Asmara Housing Development Projects

Construction Boom to hit Eritrea; Cement Prices Drop by 75%

Development of residential housing complexes will get the much needed priority from now on

By TesfaNews,

After continuing its drive towards a highly successful mining boom, Eritrea is re-adjusting itself for another ambitious, all round ‘construction boom’ that comes in line with the commencement of the magnificent Gedem Cement factory together with a number of iron and steel plants in the country.

A week from officially commencing production, the price for 100Kg cement has dropped from 2,000 Nakfa to 500 Nakfa, a 75% drop and that makes it one of the cheapest in the region. Continue reading Construction Boom to hit Eritrea; Cement Prices Drop by 75%