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18-10-26
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Turkish investments in Albania increased by 81%

TIRANA, March 30/ATA/ Turkish investments in our country increased by 81% at the end of 2020, compared to a year ago.

According to data from the Bank of Albania in 2020, Turkish foreign investments in Albania amounted to 94 million euros. Meanwhile, the highest inflows were recorded in the last quarter of 2020 when the Turkish investments increased by 25 million Euros.

Potential sectors dominated by Turkish investors are the financial system (banking), heavy industry (steel mining and processing), and the construction sector, but also in the energy sector.

Turkey is an important economic trade partner country with Albania. During 2020, Albania’s trade exchanges with Turkey increased to over 55 billion Lek.

Meanwhile, trade cooperation with Turkey occupies 6.8% of the total trade volume that Albania develops with different countries of the world. /j.p/p.s./

 

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