Category: <span>Foreign Investments</span>

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Shengjini harbor may be given by concession to China
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Shengjini harbor may be given by concession to China

The Albanian authorities are holding talks with China regarding giving by concession the Shengjini harbor but the agreement will not be signed during the official visit of PM Edi Rama in China since the Chinese part hasn’t made public a specific offer. The agreement will be signed after the pairs agree on the technical and...

Two Turkish companies interested in investing in the Skavica hydropower plant
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Two Turkish companies interested in investing in the Skavica hydropower plant

The administrator of Albanian Electro-Energitic Coorporation, Agron Hetoja held a meeting with official representatives of “Suzer Group” and “Nurol Holding” Turkish companies. The representatives of these companies expressed their interest in investing in Skavica hydroelectric plant. Nuretim Osmen and Serhat Taskinsu showed their availability to start a large investment in Albania, since the companies they...

A new Italian investment established in Durres rural areas
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A new Italian investment established in Durres rural areas

Italian businesses have continuously shown their interest to invest in the Albanian market and recently a new Italian investment has been inaugurated in Katund i Ri village, in Durres. The garment-producing enterprise, which will produce textile and clothing upon the request of large garment enterprises in Italy, is expected to employee more than 200 women,...

The oil “sleeps” in Albanian shore
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The oil “sleeps” in Albanian shore

The recent explorations for hydrocarbons in the western Greece, at the seafront of Adriatic, contains a huge potential to transform companies that invest in this sector from small oil businesses into businesses of a high importance. Experts say that a part of the Mediterranean region (in southwest Greece, in Albania, Montenegro and Croatia) is becoming...

Minister Ahmetaj: We invite Hungarian businesses to invest in Albania
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Minister Ahmetaj: We invite Hungarian businesses to invest in Albania

Minister of Economic Development, Trade and Entrepreneurship Arben Ahmetaj had an official visit in Hungary and met with important potential investors. According to a press release of the Ministry of Economic Development, Trade and Entrepreneurship, Ahmetaj met with representatives of important Hungarian businesses as MVM Ovit National Power Line Company Ltd,  and discussed about future...

The loan agreement with Unicredit Bank Austria  adopted
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The loan agreement with Unicredit Bank Austria adopted

A new draft project for the ratification of the loan agreement between Albanian Council of Ministers and Unicredit Bank Austria for the funding of the water supply project in Peshkopi city, was adopted by the Commission for Productive Activities, Trade and Enviroment. Deputy Minister of Transport and Infrastructure Ylli Manjani said the agreement is of...

ERBD high officials meet with PM Rama: We will countinue supporting Albania
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ERBD high officials meet with PM Rama: We will countinue supporting Albania

Prime Minister Edi Rama held a meeting with the delegation of the European Bank for Reconstruction and Development, headed by deputy president Phil Bennett. Mr. Bennet evaluated the engagement of the government in the strengthen of the relations between the government and businesses. He said that Albania will be fully supported by Council of Investments...

Albania-Poland, 5th conference on economic diplomacy
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Albania-Poland, 5th conference on economic diplomacy

The 5th Session of the Albania-Poland Joint Intergovernmental Commission for Economic Cooperation held in Tirana on July 15th, aiming to strengthen the Albania-Poland economic and diplomatic cooperation. The session was held by the Albanian Ministry of Foreign Affairs with the assistance of the Ministry of Economic Development, Trade and Entrepreneurship. The Albanian delegation was headed by...

Minister of Environment, Koka: “Italian businesses must invest in Albania’s environment”
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Minister of Environment, Koka: “Italian businesses must invest in Albania’s environment”

Minister of Enviroment Lefter Koka had an official visit in Lombardy, a region in northern Italy and during the meeting with representatives of local institutions and businesses, Minister Koka lobbied for the increase of Italian investments in Albania. After speaking with many  representatives of businesses in the environmental field and businesses of waste managment  and...