Eritrea’s initial years of independence post-1993 were marked by significant progress in rehabilitating basic economic and social infrastructure, improving social indicators, macroeconomic stability, and economic growth. Development gains were interrupted in the late 1990s and today, Eritrea faces the gigantic tasks of rebuilding its infrastructure and developing its economy.
The Government of Eritrea has declared that it will focus on investing in three priority areas including food security and agricultural production, infrastructure development, and human resources development.
As of 2015, there has been one project with private participation in the telecom sector. No PPPs have been recorded so far and Eritrea does not have PPP-specific institutions or legislation in place. Limited private participation in infrastructure is also impacted by political isolation and sanctions. Going forward, there is potential for private participation in the mining sector.
The Global Competitiveness Index (GCI) is published in the Global Competitiveness Report and assesses the competitiveness landscape of 140 economies. The GCI Infrastructure Score is a component of the overall index and covers transport, electricity and telephony infrastructure.