Tag Archives: Assab Free Zone

Eritrea: Steady Progress towards Better Maritime Service

As part of maximizing the capability of maritime services in the country, Eritrea dispensed more than Nakfa 1.2 billion under the first phase of ports rehabilitation and modernization program

Eritrea dispensed Nakfa 1.2 billion in the first phase of port rehabilitation and modernization program
Massawa Port. Eritrea dispensed Nakfa 1.2 billion in the first phase of port rehabilitation and modernization program

By Kesete Ghebrehiwet,

Linking different areas of Eritrea with road networks has been among the success stories which the country is to be proud of. What has been achieved in marine transportation is also not to be viewed lightly. However, unlike to the tremendous progress in land transportation there have been limitations in marine transport as the fairly good infrastructure does not yet correspond to Eritrea’s maritime endowment.  Continue reading Eritrea: Steady Progress towards Better Maritime Service

Eritrea offers Excellent Incentives Combined with Stability and Security: Shanghai Daily

Eritrea’s Free Zone integration and expansion will bring benefits for the country and investors.

Whatever you can find in other Free Zones, you can find it here in Eritrea: Dr. Araya Tsegai

By Shanghai Daily,

Exciting developments are taking place in Eritrea’s free zones, which will make a huge impact on trade and productive output in the country. Like all free zones, businesses based within the Massawa Free Zones Authority and the Massawa Port Authority benefit from excellent conditions and incentives.

The Eritrean government is hoping this new integrated development will attract considerable international attention and business, as it upgrades the port and airport facilities at Massawa and Assab. Given the political and social upheavals in neighboring countries, Eritrea offers stability and security for investors. They also benefit from excellent road and sea links, and Eritrea’s strategic location on the Red Sea trading route — one of the busiest trading routes in the world. Continue reading Eritrea offers Excellent Incentives Combined with Stability and Security: Shanghai Daily