Eritrean Government to Launch Construction of 1424 Residential Complexes this year

Eritrean Government to Launch Construction of 1424 Residential Complexes this year

Asmara, 14 August 2013 – The Eritrean government would launch the construction of residential complexes comprising a total of 1,048 apartments, 376 residential houses and 256 for business ventures this year.

The details of the housing projects due to be implemented in the areas of Halibet Hospital, Space and Sembel could be obtained in the website, and potential buyers are nationals who have fulfilled their national obligations.

Moreover, registrations can be fulfilled in person at the headquarters of the Housing and Commerce Bank in Bahti-Meskeren Square or in the Eritrean Embassies and Consulates in various countries, while the relevant form can be downloaded from the aforementioned website.

Nationals who had signed contract agreements and made deposits thereof in the past can shift into the new projects through transferring their deposits to the Bank account declared in the website, and nationals who have already become beneficiaries of land plots could equally avail themselves of the this opportunity. (Shabait)