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	<title>technology-hub-agreement &#8211; Albanian  Telegraphic  Agency.</title>
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	<lastBuildDate>Fri, 28 Feb 2025 11:30:37 +0000</lastBuildDate>
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		<title>Digital Technology: Agreement signed between TEDA and Israeli Company</title>
		<link>https://en.ata.gov.al/2025/02/28/digital-technology-agreement-signed-between-teda-and-israeli-company/</link>
					<comments>https://en.ata.gov.al/2025/02/28/digital-technology-agreement-signed-between-teda-and-israeli-company/#respond</comments>
		
		<dc:creator><![CDATA[Sonila Mehmeti]]></dc:creator>
		<pubDate>Fri, 28 Feb 2025 10:28:57 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Flash News]]></category>
		<category><![CDATA[Important]]></category>
		<category><![CDATA[News from Albania]]></category>
		<category><![CDATA[technology-hub-agreement]]></category>
		<guid isPermaLink="false">https://en.ata.gov.al/?p=257654</guid>

					<description><![CDATA[TIRANA, Feb 28 /ATA/ Albania, endowed with its abundant natural resources and a focus on green energy, creates a favorable environment for sustainable and innovative projects. On Friday, the agreement was signed between the company &#8220;TEDA Tirana,&#8221; the Municipality of Tirana, and the Israeli company &#8220;H.A.P.I Advanced Technologies LTD&#8221; for the creation of a Data [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>TIRANA, Feb 28 /ATA/ Albania, endowed with its abundant natural resources and a focus on green energy, creates a favorable environment for sustainable and innovative projects.</p>
<p>On Friday, the agreement was signed between the company &#8220;TEDA Tirana,&#8221; the Municipality of Tirana, and the Israeli company &#8220;H.A.P.I Advanced Technologies LTD&#8221; for the creation of a Data Center that will operate within the TEDA Tirana zone.</p>
<p>This investment will help consolidate Albania as a regional hub for data storage and management, improving digital infrastructure and attracting further investments in this sector.<br />
TEDA Tirana is a strategic project initiated by the Municipality of Tirana, aimed at promoting investments in technology and industry. The zone seeks to provide incentives for foreign investments in key sectors such as technology, automotive industry, innovation, manufacturing, and other industries in accordance with Albanian legislation. With modern infrastructure and favorable conditions for businesses, TEDA Tirana has the potential to become a significant hub for investments, contributing to Albania&#8217;s economic growth and technological development.</p>
<p>The signing ceremony at COD was also attended by Prime Minister Edi Rama.</p>
<p>TEDA Tirana, which will be developed on an area of 35 hectares, is expected to reach a value of 100 million euros. It aims to create the conditions for the development of industries such as automotive, pharmaceutical, ICT, Hi-Tech, high-precision equipment, robotics, technological manufacturing, and more. It is also projected to generate over 7,000 high-quality jobs with high wages.</p>
<p>TEDA Tirana, the first free economic zone in Albania, provides an ideal platform for business expansion. Located in Tirana, a rapidly developing city, TEDA Tirana offers opportunities for the development of a wide range of industries, supported by modern infrastructure and favorable conditions for investors.<br />
/j.p/sm/</p>
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