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COUNTRY OVERVIEW
COUNTRY OVERVIEW
Real GDP growth was an estimated 4.2% in 2018, down slightly from 5.0% in 2017, driven mainly by increased investment in the mining and housing construction sectors.
Normalized relations with Ethiopia are expected to bring a substantial peace dividend.
The cessation of hostilities and the removal of UN sanctions will facilitate Horn of Africa stability and open economic opportunities between the two countries, their neighbors, and the international community. Anecdotal evidence already suggests that trade has begun to thrive between Eritrea and Ethiopia and that investors are flocking to Eritrea looking for opportunities.
Ethiopia’s use of the Eritrean ports of Assab and Massawa will relax the foreign exchange constraints Eritrea faces. The peace dividend also includes the release of a large number of conscripts for productive activity in labor-intensive sectors such as services, construction, and agriculture.
Downside risks include Eritrea’s vulnerability to climate shocks because of its heavy dependence on rainfed agriculture.
PROJECT CONCEPT
PROJECT CONCEPT
This city plan seeks to enrich the lives of the citizens and visitors to the new nation and to maximise the potential of this are as a premier destination for visitors.
Located on the port city of Massawa, this city will become a catalyst to the economic development of the nation. As a historic trade post of Ethiopia and the Middle East, this East African nation is poised to jump start trade relations with neighbors as a modern transportation and logistics hub.
A coordinated action plan imagineers Eritrea as a city state of economically desirable and walkable districts transformed by Gateway city's design as a live- work - play destination for business folks alike.
Our plan calls for the restoration of this port nation's role as the gateway to commerce and industry on the horn of Africa.
Gateway city will be ambitiously built for citizens and visitors with a wide variety of activities: Transportation, logistics, light manufacturing and Vertical Agriculture will attract people to this port nation on the horn of Africa
PROJECT INFO
PROJECT INFO
PARTNERSHIPS
PARTNERSHIPS
Whether you are a local authority, university, investor, government agency, an institution of higher learning, a council or business, Subway Labs reckons that we are open for collaborations to those who share our vision to create innovative living and business communities / cities across Africa thereby realising fair distribution of resources across board.
Whether you are a local authority, university, investor, government agency, an institution of higher learning, a council or business, Subway Labs reckons that we are open for collaborations to those who share our vision to create innovative living and business communities / cities across Africa thereby realising fair distribution of resources across board.
We accept partners with invaluable ideas, valuable networks, incontrovertible talents, creative works, and work with them to develop cutting edge solutions for communities and cities. We understand that a "one size fits it all" approach is no longer feasible.
We accept partners with invaluable ideas, valuable networks, incontrovertible talents, creative works, and work with them to develop cutting edge solutions for communities and cities. We understand that a "one size fits it all" approach is no longer feasible.
Contact us if you want to be a part of something great.
Contact us if you want to be a part of something great.
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