The agreement was signed by Elira Kokona, Executive Director of the Albanian Investment Corporation, and Juan Tejedor Carnero, Director-General for State Assets at Spain’s Ministry of Finance.

The memorandum sets out a general framework for cooperation focused on knowledge-sharing and best practices in the administration and development of public real estate, in support of institutional reforms and the enhancement of Albania’s legal framework in this area.

Key areas of cooperation include: exchange of information and experience on Spain’s public asset management system to support the development of an institutional and legal model in Albania; promotion of best practices in public property management, including the adoption of new technologies and advanced methodologies; technical assistance to strengthen AIC’s operational capacity, particularly in improving public procurement procedures in line with EU standards; and the organization of official visits and mutual assistance between the two institutions.

This partnership marks an important step in strengthening Albania’s institutional capacity and further aligning public asset management with European standards.

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