Tag: Foreign Investments

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Energy No Longer the Most Attractive Sector for FDI Flow
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Energy No Longer the Most Attractive Sector for FDI Flow

TIRANA, June 25 Official data from the Bank of Albania (BoA) for the first quarter of 2020 confirm that the energy industry was not the most attractive sector for Foreign Direct Investment (FDI) inflow. This the first time since 2016 that energy investments rank second, leaving the top place to the extractive industry. Based on...

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...

INSTAT: More Than 50% of Foreign Investments Are Greek and Italian
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INSTAT: More Than 50% of Foreign Investments Are Greek and Italian

TIRANA, June 6 On a latest report released on June 3rd for the press, the Institute of Statistics (INSTAT) shows that the foreign investments in Albania during 2018, whether owned only by a foreigner or in joint enterprise with Albanian partners, 45.6 % of them are with Italian investors, followed by Greek investors (7.2%). Together...

New Bill to Grant Land Ownership Rights to Foreign Investors
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New Bill to Grant Land Ownership Rights to Foreign Investors

TIRANA, September 19 A new draft-law on investments that aims at providing equal treatment to foreign investors is under preparation by the Finance and Economy (MFE). According to the new bill, foreign investors will obtain land ownership rights, Monitor Magazine reports. The new draft law is drafted due to the fact that the current legislation...

Albania Offers Better Investment Opportunities, DIHA Says
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Albania Offers Better Investment Opportunities, DIHA Says

TIRANA, May 8 Albania offers better investment opportunities compared to the last year, the annual survey of the German Industry and Trade Association (DIHA) confirms. Even though the survey findings were positive, there are negative factors that are keeping German investors away. According to the German companies that have invested in Albania, the economic situation...

How is Albania Attracting Foreign Investments?
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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 investments in the country during. Foreign investments in Albania during...

“What can Albania Adjust to Attract more Investments?”
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“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 Albania focused on identifying the country’s binding constraints and proposing...

Govt Guarantees Special Protection to Foreign Investors
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Govt Guarantees Special Protection to Foreign Investors

TIRANA, March 30 The Albanian government decided to postpone the term on special protection for foreign investments. The Council of Ministers decided during its last meeting to postpone to December 31, 2018, the term set in the law on foreign investments. Besides the new term, the government decided to add a section that defines detailed...