Being very conservative about 10% of that 100,000 will participate in these scheme.
Build 3 bedroom 2 bath houses for a cost to build of $25,000 ( most of the material should be locally made to generate jobs for the youth and revive the manufacturing industry of steel, cement, aluminum, copper, etc plus house hold materials like kitchen appliances, bathroom stuff... made in Eritrea
Where (location): at the suburban of The regional capital cities
It’ll cost 25,000 per house total of 100,000 Houses that is expense of 2.5 billion dollars
Sell the houses for $50,000 per house on average with a range of (35k-75k) based on location of course the ocean front in massawa/asseb plus Asmara being high end around 75k per house.
That’ll be selling for 5 billion plus tax income
A profit of 2.5 billion to build the infrastructure of local roads, water, sewer system, schools, parks, library...etc.
The biggest benefit would be the jobs that will be created and give the Eritreans in the diaspora an opportunity to invest in their country...
To get this started buyer will pay 20% down payment year one, 30% year two and pay the rest at purchasing date or bank financed
Add below if you have other ideas
Sesenayu

