europe’s last frontier 2008. what is albinvest? government agency created in march 2006 member of...

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Europe’s Last Frontier Europe’s Last Frontier 2008

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Page 1: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

Europe’s Last FrontierEurope’s Last Frontier

2008

Page 2: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

What is AlbInvest?

• Government agency created in March 2006• Member of the Ministry of Economy, Trade

and Energy (METE)• Mandate covers Foreign Investment

Promotion, SME-s & Exports• Board consists of Government & Business

Representatives

• It is a dynamic and client oriented agency• Staff body: 32 members, graduated from

schools from 9 countries and speak 11 foreign languages

Page 3: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

Potential Investors

Services

• Gather/Provide updated information (service free of charge)– Information on government

initiated incentives and programmes in support of investment decision-making

• Identify sites and buildings for conducting business

• Set up a manufacturing operation or business service in Albania

• Find indigenous suppliers/JV partners

• Signpost you to the right person from the public sector (Central and Local Government Body, Municipalities and Communes)

• Provision of Aftercare Services

Products

• High Quality DVD (16 min on Albania)

• Existing Companies Directory on CD

• Fact-Sheets – updated twice a year

• Sector Brochures available in 4 languages (Albanian, English, Italian and German)

• Investment Promotion Brochures for Strategic Sectors (Energy, Mining, Textiles, Shoe and Leather)

• Other marketing products on Albanian Opportunities

Page 4: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

Energy …

The only country in Europe offering immense opportunities for hydro power.

44,000 m2 total hydrographical area, or 57% more than it’s total territorial surface area

• 70 small and medium Hydro Power Plants up for concession.

• Fieri Thermo Power Plants– Joint venture: Atermon SA - Roder &

Blackwell [Fier TPP]

– Austrian utility EVN to build three hydroelectric power stations in Albania will require an investment of some 900 million euros ($1.3 billion).

• The privatization of the power distribution sector at the Albanian Electro-energetic Corporate

Page 5: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

… Banking, Transport and Telecommunications

• Societe Generale acquired 75 pct of Banka Popullore in Albania.

• “JV Bechtel & Enka” - Bechtel International Inc., based in San Francisco, and Enka, based in Istanbul, Turkey, won the international tender to build the 57km road segment, including a 6km tunnel, for completion in June 2009.

• ”CETEL” - Calik Enerji & Turk Telecom; privatisation 76% stake in Albtelecom, the national incumbent operator.

Page 6: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

Spitalle - Durres• Total surface of 850 ha.• Almost 50% of the

population living between Tirana and Durres and over 70% of business operating from this area.

• Tirana-Durres area, the most numbered qualified workforce in Albania.

• Within close vicinity to Durres Port and Mother Theresa International Airport.

• Excellent connection with Kosovo market through transnational road segment Durres – Morine – Prishtine

• International Conference: Appointment June 10th, 2008, in Tirana

Page 7: Europe’s Last Frontier 2008. What is AlbInvest? Government agency created in March 2006 Member of the Ministry of Economy, Trade and Energy (METE) Mandate

Contact points

Address:BLV.”Gj.Fishta”

Tel:+355 4 252886Fax:+355 4 222341

E-mail:[email protected]

www.albinvest.gov.al