Highlights of NICE Sh.Co.
Our Vision
Senior Management
Organizational Chart
Corporation Staff
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Location of Offices
The National Insurance Corporation of Eritrea share company operates
out of three offices located in the major trading centres of the country:
the headquarters located in Asmara and branch offices in Massawa and
Assab. Each of the office buildings is fully owned by
the Corporation.
Asmara
The 1,924 sq m headquarters building located on Bdho Road
in Asmara was completed in the year 2000. (Prior to moving to this
location the Corporation rented office premises from the
Government.) The building houses all departments of the Corporation
as well as the Roof Garden Restaurant and one office leased to an American
oil exploration company. The building includes basement parking (540
sq m) as well as terraced parking on the 1st floor. The
General Development, Engineering and Consultancy Corporation recently
valued the building for Nfa 59,751,636. The value rises to Nfa
89,774,303 when including the restaurant.
Massawa
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The Massawa Office, or NICE Sh.Co Building – Twalet, has
a total covered area of 2,370 sq. m. Facilities include a car
park as well as a generator house and roof terrace. The General
Development, Engineering and Consultancy Corporation recently valued
the building for Nfa 40,250,921 |
Assab
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The 1,810 sq. ft, two-storey (ground and first floor). office
building in Assab is located at Bilencoma no. B212. The General
Development, Engineering and Consultancy Corporation recently valued
the building for Nfa 16,440,029. |

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