Japan Companies Interested in Investing in Albania

TIRANA, November 1

Japanese Ambassador to Albania Makoto Ito stated during a visit to Kamza Municipality that some Japanese companies have shown interest in investing in Albania, and especially in Kamza. Ambassador Ito received a city council recognition certificate and added that next year he will bring some Japanese companies to Albania.
He said that currently, there are no direct investments of Japan in Albania because of taxes. He said that there was only one company, but it left Albania.
Moreover, the Ambassador highlighted that he’s trying to invite some Japanese businesses given Albania’s favorable location of Albania and its workforce.
He also added that if the Japanese companies will come to Albania, Kamza will also be part of the expansion of their activity.
On his part, Mayor of Kamza Xhelal Mziu asked for co-operation to have Japanese businesses in the city, as it has a favorable fiscal climate as well as a labor force of four years younger than the average population in Albania.
At the end of the visit, the Ambassador visited Tokio Street in Kamza. The city is famous for its street names.

News Source: Scan TV

Photo Credit: Kamza Municipality