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AmCham Voices Concerns over Corruption, Tax, & Legislation
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AmCham Voices Concerns over Corruption, Tax, & Legislation

TIRANA, February 10 Corruption leads the rating of the main obstacles for American investors in Albania, the AmCham Chair, Enio Jaco said on Monday during the annual analysis of the American Chamber of Commerce in Albania. He highlighted that corruption, a problem that everyone acknowledges, is a serious obstacle for foreign investors. Moreover, he added...

Albania Invites Bids for 140MW Solar PV Plant
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Albania Invites Bids for 140MW Solar PV Plant

TIRANA, January 21 The Albanian authorities are seeking bids, domestic and international, for the construction and maintenance of a 140MW photovoltaic plant in Karavasta area, Fier region. Interested investors can submit their bids by March 16th, for which financial bids will be opened on the same day at 12:00 hours, according to an Invitation for...

Albania’s FDI Inflow Up 7.3% in Jan-Sep 2019
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Albania’s FDI Inflow Up 7.3% in Jan-Sep 2019

TIRANA, December 11 Foreign Investments remain high during January – September 2019 although the two main projects in the energy sector, TAP and Devolli HPP, are on their final stages, the Bank of Albania (BoA) confirmed. According to the statistics from the balance of payments for Jan – Sep 2019, Foreign Direct Investments (FDI) were...

Albania to Manufacture Vehicle Lights for the German Market
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Albania to Manufacture Vehicle Lights for the German Market

TIRANA, September 30 The Regional Cooperation Council (RCC), is currently leading the process for a joint investment attraction strategy on the Western Balkans, reported that the six countries share a mutual interested in the automotive industry. Hence, Albania is trying to join the automotive spare parts and equipment manufacturing sector. Albania will produce vehicle lights...

Mallorcan Hoteliers Eyeing Investments in Albania
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Mallorcan Hoteliers Eyeing Investments in Albania

TIRANA, September 9 Representatives of the Mallorcan accommodation industry are eyeing opportunities for hotel development in Albania. According to Majorcadailybulletin.com, hoteliers from the Balearic are looking for new expansion destinations, following a decline in profitability in the Caribbean region. Therefore, they are considering Albania as a new destination due to the tax incentives for strategic...

State Department on 2019 Investment Climate in Albania
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State Department on 2019 Investment Climate in Albania

TIRANA, July 12 Energy and power, tourism, water supply and sewerage, road and rail, mining, and information communication technology represent the best prospects for foreign direct investment in Albania over the next several years according to 2019 Investment Climate Statement released on Thursday by the US Department of State. Yet, there are various factors that...