FIAA holds the Annual Assembly Meeting

FIAA holds the Annual Assembly Meeting

March 7, 2018
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In March 6th, FIAA held the Annual Assembly Meeting of the Members and conducted election process for three new Board Members including the Appointment of the Chairman of FIAA for the next two years to come.

In his opening speech, the outgoing President of FIAA, Mr. Silvio Pedrazzi highlighted some of the main achievements and challenges he had during his Chairmanship of three years within FIAA and emphasized the importance of the Organization as the best Instrument for the Foreign Investors in Albania. Mr. Pedrazzi did also thank the FIAA members for the support and trust given to him, expressing his will to further continue his mission on representing FIAA as Member of the Board of Directors.

During the Assembly Works, the Executive Director of FIAA, Mrs. Jazoj made the Annual Reporting on FIAA’s work and actions in 2017. In particular, she highlighted the role that the Business Environment Survey has had on identifying the main business concerns and their proper follow up with the Authorities and Decision Makers. Among others, the Executive Director stated that the main focus of 2018 Agenda, would be the proper follow up of the White Book Document 2017-2021, introduced recently by FIAA in cooperation with the Ministry of State for Protection of Entrepreneurship.

At the close of the Assembly works, FIAA announced the new entries in the Board of the Directors with three new elected Members, representing important foreign companies in the country such as STATKRAFT, SHELL and ANTEA Cement. The Assembly voted also for the appointment of the FIAA new Chairman, Mr. Tom Kristian Larsen, who is the Chief Executive Officer of STATKRAFT in Albania.

Mr. Larsen is a professional with international experience in Europe and Asia, in important sectors such as telecommunications and renewable energy in global companies such as Telenor, Statoil and Statkraft.

STATKRAFT is a state-owned Norwegian company and is present in Albania since 2008 with its investment, Devoll Hydropower, which represents one of the country’s largest foreign investment in the renewable energy industry.

FIAA is the most reputable institution representing the business community in Albania, it has a high standing among business, government institutions and foreign missions and is working effortlessly in its mission to improve business climate in the country. Statkraft is a leader in business conduct, anti-corruption policies and integrity values and has practical, hands-on experience in its implementation. Having the honor of being elected as the President of FIAA for the next mandate, I will work towards spreading the message of integrity and proper business conduct in FIAA, among its members and the broader business community. Albania has a great potential to attract foreign investments, but it has to fight corruption and strengthen its reputation and quality of its institutions to make it happen. I look forward to represent FIAA on this journey”. – stated Tom Kristian Larsen.

Foreign Investors Association in Albania with a presence of 18 years, continues to be an important partner in the development and economic integration of the country. The Association has consolidated a sustainable co-operation with local and international authorities in the country, positioning itself part of the various consulting structures focusing on the business climate in the country and absorbing new investments.

FIAA has become an important voice of the foreign businesses in Albania and is committed to support principles of Transparency, Integrity, Reliability and Fair competition.