27 December 2012

Eritrea: Regional Administrators Ready to Collaborate With Investors

Asmara — The regional Administrators have expressed readiness to collaborate with investors. Elaborating the investment prospects in the respective regions in general and those pertinent to tourism and industry in particular, they said that the regional Administrations would exert efforts towards fostering investor confidence.

The Administrators of the Southern and Gash-Barka regions noted the business opportunities on hand vis-à-vis the available resources related to livestock, land, climatic setting, cultural diversity and the laid agricultural infrastructures. They also called on potential investors to pay attention to such comparative advantages.

The Administrators of Anseba and Central regions equally explained that the respective parts of the country draw entrepreneurial interest for they are endowed with mining resources, besides the relative advantage they possess as regards human resource capacity, horticultural activities and other domains.

Likewise, the Administrator of the Northern Red Sea region, Ms. Tsigereda Woldegiotgis, pointed out that there exist numerous investment opportunities in the two coastal regions of the country, and that marine resources as well as the norm of hard work are among the valuable assets. Agriculture, fishery and tourism are among the domains the regions would provide potent comparative advantages for commerce, and that interested investors should seize such possibilities, she added.

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