Albania launches Investment Council

In April 2015, Albania launched its Investment Council, an institution with the goal of enhancing public-private dialogue and spurring concrete action to strengthen the business climate.

The Council is a platform set up by the Albanian authorities with support from the EBRD to tackle impediments to investment and to foster domestic and foreign investment in the country. The work of the Council is supported by a Secretariat, an independent body of professionals selected and contracted by the EBRD to engage directly with the business community. Initial funding for the Secretariat has been provided by Italy.

“This is a landmark moment. Creating the right investment conditions is a critical task and we are confident that we will make further progress through the work of the Investment Council. We are convinced that strengthening the investment climate and enhancing governance will increase Albania’s attractiveness to investors,” said Albania’s Minister of Economic Development, Arben Ahmetaj.