TIRANA, May 22 /ATA/-By Maela Marini/ – Prime Minister Edi Rama pledged government financial support and a reduced six percent VAT rate on guesthouses and other accommodation structures as part of the government program to promote development of agro-tourism in Albania.
Addressing a meeting with local residents in the southern town of Tepelena, the government head highlighted a series of development projects due to be implemented in the region of Gjirokaster.
“The government will provide financial support and apply a reduced five percent profit tax rate and six percent VAT rate on whoever invest in building a small farm and guesthouses and other accommodation facilities with a limited number of rooms,” PM Rama said.
He invited all emigrants to return home and explore investment opportunities as a way to lift the area of poverty.
“This area is not suitable for development of intensive agriculture or farming to become a developed industry, but agriculture and farming can meet the guesthouses’ needs,” Rama said.
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