TIRANA, September 29 /ATA/ – Chairman of the ruling Socialist Party Parliamentary group Taulant Balla stated today that the investment in Zvërnec must be executed in compliance with all environmental standards.
Speaking to the media following a meeting with two delegations from the German Bundestag, Balla said that during the discussions there was highlighted the significance of this investment and the guarantees surrounding its implementation, emphasizing that these key investments in Albania are strategic and need strong protection.
According to Balla, the first phase of the Zvërnec investment exceeds 4 billion euros, and the project is valued for its impact on the development of tourism and the Albanian economy.
“Regarding the Zvërnec investment—not only due to the financial value of the first phase, which exceeds 4 billion euros, but also the project’s significance for tourism—for a country with a Gross Domestic Product of 27 billion euros, saying no to a 4-billion-euro investment is out of the question,” Balla said.
He emphasized that the investment would proceed, while the government and the Albanian relevant agencies involved in the process would ensure adherence to environmental protection standards. “The Albanian government and the Albanian agencies involved in this process will ensure that all environmental protection guidelines are respected,” stated Balla, referring also to the provisions of Chapter 27 of the European Union acquis, which concerns the environment and climate change.
Balla also clarified that the first phase involves land acquisition, while the subsequent phases of the project are expected to follow. /p.s./
