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Voxpress:

DASH publishes the report on foreign investments in Albania: We still need to work on corruption

2023-07-27 12:03:20Politikë SHKRUAR NGA REDAKSIA VOX
DASH publishes the report on foreign investments in Albania: We still need to
American state Department

The US Department of State has published the report on foreign investments in Albania for 2023, where it states in the introduction that Albania offers great untapped potential for foreign investments in many sectors.

“ As a developing country, Albania offers huge untapped potential for foreign investment in many sectors including energy, tourism, healthcare, agriculture, oil and mining, and information and communication technology (ICT). In the last decade, Albania has attracted greater levels of foreign direct investment. "- says the DASH report.

Investments are concentrated in extractive and processing industries, real estate, the energy sector, banking and insurance, and ICT. Switzerland, the Netherlands, Canada, Italy, Turkey, Austria, Bulgaria, and France are the largest sources of FDI. FDI shares from the United States account for a small but growing share, the report further states.

The report assesses that Albania has great economic potential, a sound legal framework and has made progress in limiting petty corruption by digitizing public services for both citizens and businesses.

However, foreign investors perceive Albania as a difficult place to do business.


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