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Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate.

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Presentation on theme: "Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate."— Presentation transcript:

1 Europe’s Last Frontier 2008

2 What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate covers Foreign Investment Promotion, SME-s & Exports Board consists of Government & Business Representatives It is a dynamic and client oriented agency Staff body: 32 members, graduated from schools from 9 countries and speak 11 foreign languages

3 Potential Investors Services Gather/Provide updated information (service free of charge) –Information on government initiated incentives and programmes in support of investment decision- making Identify sites and buildings for conducting business Set up a manufacturing operation or business service in Albania Find indigenous suppliers/JV partners Signpost you to the right person from the public sector (Central and Local Government Body, Municipalities and Communes) Provision of Aftercare Services Products High Quality DVD (16 min on Albania) Existing Companies Directory on CD Fact-Sheets – updated twice a year Sector Brochures available in 4 languages (Albanian, English, Italian and German) Investment Promotion Brochures for Strategic Sectors (Energy, Mining, Textiles, Shoe and Leather) Other marketing products on Albanian Opportunities

4 Energy … The only country in Europe offering immense opportunities for hydro power. 44,000 m 2 total hydrographical area, or 57% more than it’s total territorial surface area 70 small and medium Hydro Power Plants up for concession. Fieri Thermo Power Plants –Joint venture: Atermon SA - Roder & Blackwell [Fier TPP] –Austrian utility EVN to build three hydroelectric power stations in Albania will require an investment of some 900 million euros ($1.3 billion). The privatization of the power distribution sector at the Albanian Electro-energetic Corporate

5 … Banking, Transport and Telecommunications Societe Generale acquired 75 pct of Banka Popullore in Albania. “JV Bechtel & Enka” - Bechtel International Inc., based in San Francisco, and Enka, based in Istanbul, Turkey, won the international tender to build the 57km road segment, including a 6km tunnel, for completion in June 2009. ”CETEL” - Calik Enerji & Turk Telecom; privatisation 76% stake in Albtelecom, the national incumbent operator.

6 Spitalle - Durres Total surface of 850 ha. Almost 50% of the population living between Tirana and Durres and over 70% of business operating from this area. Tirana-Durres area, the most numbered qualified workforce in Albania. Within close vicinity to Durres Port and Mother Theresa International Airport. Excellent connection with Kosovo market through transnational road segment Durres – Morine – Prishtine International Conference: Appointment June 10 th, 2008, in Tirana

7 Contact points Address: BLV.”Gj.Fishta” Tel:+355 4 252886 Fax:+355 4 222341 E-mail: info@albinvest.gov.al www.albinvest.gov.al


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