TIRANA, September 13/ATA/- The foreign direct investments in Albania amounted to 535 million Euros or 10.1% more than the same period last year.
Prime Minister Edi Rama highlighted today the positive and extremely encouraging figure.
“This is a positive and very encouraging figure of foreign investments provided by the Bank of Albania”, writes PM Rama on the social media.
The Trans-Adriatic Pipeline is the biggest investment in recent years. About 1.5 billion Euros is the investment for construction of the Albanian section of the pipeline, including the cost of pipes, compressors and other equipment and machinery needed for the construction of the pipeline.
The other major investment is the hydropower plant being built on the Devoll River by Statkraft.
The profits that the foreign investors reinvested during the first half of the current year amounted to EUR 183 million, up 68% compared with the same period in 2018.
According to the country of origin of the capital during the recent years, Switzerland and the Netherlands are at the top list of foreign investments.
The company that builds the TAP pipeline is registered in Switzerland, while Statkraft Markets is registered in the Netherlands./k.s/p.s./
