Category: Foreign Investments

How is Albania Attracting Foreign Investments?

How is Albania Attracting Foreign Investments?

TIRANA, February 13 The hitherto reforms were undertaken by the Albanian government and the strategic position of Albania as an entry gate to the Balkans and Eastern Europe are the reasons why the country attracted about 13 percent of foreign investments in the region. Foreign...

Albania Confident of Economic Take-off in 2018

Albania Confident of Economic Take-off in 2018

TIRANA, January 16 Foreign Direct Investment inflow (FDI) plays a major role in the economic development of Albania. So far, Devolli and the Trans Adriatic Pipeline (TAP) are the most important projects from foreign companies, but they are expected to be completed during this year....

China Is Eyeballing Investments in Key Sectors in Albania

China Is Eyeballing Investments in Key Sectors in Albania

TIRANA, November 30 The construction of the Blue Corridor is a key project that Albania is negotiating with Chinese company Pacific Construction while other projects in the banking sector, aviation and tourism are being taken into consideration, the Albanian section of China Radio International (CRI)...

Fiscal Incentives for Strategic Investors, Qato Says

Fiscal Incentives for Strategic Investors, Qato Says

TIRANA, October 31 All the investors that will obtain the Strategic Investor status will benefit income exclusion, reduced Value Added Tax (VAT) to six percent and infrastructure tax relief. These are a few of the facilitation measures that the Albanian government will undertake in order...

New Free Trade Zone Planned in Tirana

New Free Trade Zone Planned in Tirana

TIRANA, October 27 A new free trade zone that is planned to be created in Tirana will have a direct impact on the development of the city and on economic growth. This was declared by Mayor of the capital city Erion Veliaj during Tirana Business...

“What can Albania Adjust to Attract more Investments?”

“What can Albania Adjust to Attract more Investments?”

TIRANA, September 18 The Albanian business ecosystem needs improvement in order to increase its productivity and attract more foreign investments. This was said by Ricardo Hausmann, Director, Harvard’s Center for International Development for Top Channel. Hausmann was part of a four-year project (2013-2017) launched in...