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FDI Report


promotion agency. Its main mission is to attract foreign investments and provide support and aſter-care services to the investors that decide to invest.


AIDA is the official investment and export


We also welcome you to our Agency, and urge you to use it as your main partner in Albania while you decide about investing here and throughout the investment process if you decide to do so.


AIDA is the official investment and export promotion agency. Its main mission is to attract foreign investments and provide support and after-care services to the investors that decide to invest. It also aims to provide support to local SME’s, in particular those with export potential, strengthen their competiveness and promote “made in Albania” products in the world. AIDA serves as a one-stop-shop for inward investors ensuring fast and efficient services. It can help you get a feel for the country, research the market, single out hot sectors, and meet up with valuable local partners. It can help you reg- ister, get a licence or a permit if you need one, and navigate the country’s laws and regulations about taxes, customs, labour and so on. AIDA is directed by a Management Board chaired by the Prime Minister, and whose mem- bers are, among others, five cabinet ministers representing the most important sectors of the Albanian economy. This enables us to address


New European Economy


the needs of the investors involved in complex projects that require coordination among vari- ous central and local state authorities. Just a few days ago, the Ashta hydropower plant, was inaugurated. The plant is built on river Drin in northern Albania, has a capacity of 50 megawatts, and is one of the 300 small, medium, and large ones to be built in the country follow- ing more than a hundred concession agreements signed, or to be signed, by the Government. This is an investment of more than 200 million Euros undertaken by two well-known Austrian firms op- erating in the energy sector, Verbund and EVN. In fact, energy, in particular clean energy is


one of the sectors that offer huge opportunities for investment. But then, so is tourism, consid- ering more than 400 km of turquoise coastline and snow-peaked mountains of breathtaking beauty; or, agribusiness, with a fast-growing cluster of companies producing bio, “made-in- Albania”, products; or the infrastructure sector, and the list goes on. Again, AIDA welcomes you to explore these opportunities, and draw on the strengths and know-how of our Agency as a trusted partner while doing so.


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