22.5 C
Tirana
24-10-26
Home Economy

Foreign investment in processing industry increase 6%

TIRANA, Jan 1 /ATA/ Foreign direct investments in the processing industry amounted to 71 million euros in the first nine months of 2021.

The Bank of Albania announces that, compared to the corresponding period a year ago, foreign investments in this sector increased by 6%.

According to the BoA, the third quarter of this year saw foreign investment in the processing industry amount to 28 million euros.

In the total of this sector, the agro-processing industry has the main share, with a series of important investments, in the processing of milk, meat, fruits-vegetables, etc., bringing a new development standard in quality products, increasing the value in the production chain and job creation.

According to statistics, in the processing industry, agro-processing is pursuing a new development trend, thanks to the growth of domestic agricultural production, where foreign entrepreneurs are increasing investments. /j.p/sm/

Previous articleAlbania’s term as non-permanent UN Security Council member, Xhaçka: Great opportunity to leave a mark in international arena
Next articleCOVID-19, MoH: 482 new cases and 1 fatality reported in last 24 hours