11.7 C
Tirana
19-10-26
Home Economy

FDI in Balkans, Albania is ranked in second place

TIRANA, June 14 /ATA/-Albania is ranked the second in the Balkans for the foreign direct investment which in 2018 amounted to 1.3 billion USD.

According to the UNO Report on investments in the world, Serbia is ranked in the first place with 4.1 billion USD, North Macedonia in the third place with 737 million USD, Montenegro and Bosnia-Herzegovina.

The positive situation of the FDI in Albania is related with two major projects being implemented in our country, the TAP gas pipeline and the hydropower stations on the Devoll.

During the first months of the current year, the FDI has experienced a positive growing trend of 2% higher.

The Bank of Albania said that in the first quarter of 2019, the FDI in Albania amounted to 286 million Euros.

The investments are focused in fields like energy and mineral industry, textile and construction, sectors with a direct impact on increase of employment.

Meanwhile, according to the recent indicators provided by the Institute of Statistics, Albania is heading for the greatest number of foreign enterprises from the EU countries, mainly Italian and Greek./e.xh/j.p/p.s./

Previous articleOpening of Albania EU accession negotiations, vital to keep confidence in enlargement policies
Next articleKosovo and Czech Republic to promote bilateral cooperation