TIRANA, Jan 21 /ATA/ Imports of machinery, equipment and spare parts, a direct indicator of investment in economy increased by 2.7% during December, reaching ALL 14.8 billion from ALL 13.2 billion in December 2019.
Meanwhile, throughout 2020, the imports of this group are estimated at ALL 133.8 billion.
Import for the basic goods of the manufacturing industries are related to the expansion of the activity of these sectors and the growing interest of the entrepreneurship in the use of modern technologies that improve the quality of production.
Referring to INSTAT data, during 2020, Italy, China and Turkey were the main partners with the largest share of import volume in terms of value of this category. A total of ALL 32.9 billion of machinery, equipment and spare parts were imported from Italy.
ALL 24.3 billion of machinery, equipment and spare parts were imported from China. While 8.5 billion ALL of machinery, equipment and spare parts were imported from Turkey.
The influx of FDI in Albania has maintained a positive upward trend over the years. Despite the situation created due to the COVID-19 pandemic, Albania is still enticing to foreign investors.
Foreign direct investments during the period January-September this year are estimated at EUR 691 million.
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