Considered by many as a relatively young independent state, Eritrea gained its independence in 1993. But the juvenile nation is not far behind in the race of development. This can be proved by the fact that Eritrea is encouraging cross border trading and the sale of used car in Eritrea is the next big thing.
Used car for sale in Eritrea is just addition to the many African countries engaged in similar activities. According to reports, Africa is the largest importer of used cars in the world. This shouldn’t come as a surprise to many as Africa is the second largest and second most populous continent so the gradual demand for cars is seems natural.
Eritrea Economy
Eritrea has observed substantial growth in its economy in recent years, indicated by an improvement in gross domestic product (GDP) in October 2012 of 7.5 percent over 2011. The major chunk of the credit behind the rising economy goes to the commencement of full operations in the gold and silver Bisha mine and the production of cement from the cement factory in Massawa.
About Importing A Second-Hand Or Used Vehicle
The massive traffic of used cars to Africa also has a lot to do with the policies set by the governments. The government only permits the import of second hand used vehicles. The importation is restricted to only of second hand used vehicles in order to protect and encourage the growth of the local motor vehicle manufacturing industry.
There are explicitly defined circumstances under which the permits are granted for the purpose of import. Only the permanent residence can returning back can bring back vehicles registered on their names. Other categories of cars that can be imported could be imported include racing cars, vintage passenger vehicles, specially designed vehicles and inherited vehicles.
How Used Cars Can benefit Eritrea
The sale of used cars can be very pocket friendly to the people of Eritrea. It is still a harsh fact that the country belonging to the horns of Africa is still a underdeveloped country with disturbed socio-political climate. The economy is largely reliant on agricultural activities. Used cars seem rather affordable and the right choice for Eritrean habitants. During the war days, Eritrea worked on the development of the transportation infrastructure by making new roads, repairing the war damaged roads and improving the ports. All these developments compliment the sale of used cars in Eritrea.
Cities of Eritrea Where Japanese Used Cars Are In-Demand
- Asmara
- Keren
- Massawa
- Assab
- Mendefera
- Barentu
- Adi Keyh