Europe’s Last Frontier Europe’s Last Frontier 2008
Europe’s Last FrontierEurope’s Last Frontier
2008
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
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
Energy …
The only country in Europe offering immense opportunities for hydro power.
44,000 m2 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 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.
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 10th, 2008, in Tirana
Contact points
Address:BLV.”Gj.Fishta”
Tel:+355 4 252886Fax:+355 4 222341
E-mail:[email protected]
www.albinvest.gov.al