The value added of services is what keeps the Albanian economy still strong as the production is recorded at low levels, except the agricultural production. But according to official data published by INSTAT, most of private and state investments go for the increase of production.
The Institute of Statistics has published a latest report on the annual investments made by private businesses in services and production sectors, according to which, the private sector invests about 57% of the investment amount on the production of goods and only 43% of the amount are invested in the services sectors.
INSTAT declares that these data were compiled based in the information published by the Enterprises Structural Survey conducted in 2013, when businesses declared their total amounts of investments and the sectors there investments were made in.
The investments made in processing, extractive and energy industries are almost at equal amounts although the processing industry requires extra expenditures on production and logistical aspect than extractive and energy industries which are mainly focused in the exploitation of natural resources and require investments in bigger amounts.
As for investments in services sectors, as seen by the survey data, they are focused in transport and telecommunication sectors and trade. In transport and telecommunication sectors investments reached the amount of 27 billion ALL, says INSTAT.
News source/photo credits: Scan TV