Europes Last Frontier 2008 What is Alb Invest
Europe’s Last Frontier 2008
What is Alb. Invest? • 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
Potential Investors Products 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 • • • 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
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
… 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 57 km road segment, including a 6 km tunnel, for completion in June 2009. • ”CETEL” - Calik Enerji & Turk Telecom; privatisation 76% stake in Albtelecom, the national incumbent operator.
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
Address: BLV. ”Gj. Fishta” Tel: +355 4 252886 Fax: +355 4 222341 E-mail: info@albinvest. gov. al Contact points www. albinvest. gov. al
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