or two years. Moreover, the benefits to national interest are also maximized by acquiring
40% of the shares (of which 10% is royalty). The maximization and management of national
interest is also maintained by the establishment of the Eritrean National Mining Corporation
(ENAMCO) under Proclamation No 157/2006. Furthermore, environment security has been
enforced and corporate social responsibility reports indicate that safety is guaranteed.
254.
In the above context, structural transformation and growth of national capacity is given
utmost consideration. The investment being made in human capital has started to address the
critical capacity gaps in development. Progress has been achieved in ensuring the
decisiveness of the human factor by investing in the knowledge, skills, professional and
technical capabilities and above all attitude of the young generation. But broader efforts are
still needed to raise productivity and address issues of efficiency and effectiveness. On the
other hand, introduction of technology and in particular mechanization, automation and
digitization is growing but requires further investment and effort to reach the desired level.
(iv)
Pragmatic Macro-Level Development Orientation
The Warsay Yikealo Development Campaign
255.
Available international reports show that Eritrea by 1998 achieved a promising 7%
annual economic growth in the few years after independence. This was disrupted by the
border war and the subsequent hostilities and belligerencies on the country. The 1999 -2004
severe drought also influenced development and peoples‟ livelihood. After the active
fighting between Ethiopia and Eritrea culminated and paved way for an international
arbitration of the dispute, Eritrea in 2002 declared the Warsay Yikealo Development
Campaign (the appellation itself means the freedom fighters - Yikealo and Warsai - National
Service/post-independence generations in unison) to address the effects of the war and drought
and focused on the following goals:
revitalize the economic situation and progress of the nation
reinstate the basic social fabrics of the society
improve living conditions
consolidate the achievements of peace earned through huge sacrifices
256.
Hence the programme has been implemented by addressing the critical bottlenecks,
maximizing the utilization of comparative advantages and mobilization of available
resources. In this respect, soil and water conservation, agricultural productivity, irrigation
technology, coastal development, economic infrastructure, national capacity and human
capital were targeted. This also enabled the nation to absorb the shock of external economic
conspiracy and achieve tangible progress. Eritrea was able to stand on its feet and is now
ready to fast track progress and transformation that could bring a qualitative leap in the next
few years. Hence, an expanded development paradigm has been declared.
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