Mayor Veliaj said that Tirana Municipality will priorities development economic and employment projects in the next three years.

“With the remarkable growth of Tirana airport, the access to the port of Durres and the skilled labor force in Tirana, we anticipate that the technological and economic development area will create 5000 to 7000 new jobs. We are going through a stage, where many of the decisions bring about good energies to the economy. With the main projects already complete, Tirana Municipality will focus on economy and investment projects that create high-paying jobs in the next three years,” Veliaj said in his remarks.

Mayor Veliaj underlined that TEDA is a project already underway and second stage of the investment project is set to kick off soon.

The Technological and Economic Development Area (TEDA) is a game changer for the Albanian economy and it offers a huge potential for further development and attraction of foreign investors.

TEDA Kashar is a greenfield project that presents an opportunity for customized facilities tailored to the needs of specific corporate investments. Located 3 km away from Tirana, 30 km from Durres, and 12 km from Mother Teresa Airport, the selected area is ideal for foreign businesses looking to gain from the benefits of Albania’s dynamic workforce and close proximity to the markets of the European Union.

TEDA is expected to attract complex manufacturing sectors like automobile, ICT, and electronic equipment industries.

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