Launching of the Albanian Investment Council

Launching of the Albanian Investment Council

April 27, 2015
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On April 15th 2015 in Tirana it was hold the launching ceremony of the Investment Council at the presence of the Albanian senior authorities, EBRD’s officials and representatives from the business community. This Council is expected to provide a platform for public-private dialogue, bringing together businesses and policymakers to tackle investment climate-related challenges in a systematic and results-oriented manner.

The Investment Council is an institution set up by Albanian authorities with the support of the European Bank for Reconstruction and Development (EBRD), at first presented as a pilot project in Albania. The work of the Council is supported by a Secretariat, an independent body of professionals selected and contracted by the EBRD to directly engage with the business community.

 Prime Minister Rama during the launching ceremony stated that the Investment Council is a milestone. It will be focused on the identification of complex problems of the business sector, adding that the Albanian Parliament is going to scrutinize and adopt a new law on investment. “This law consists of a complete new legal basis that is going to foster investment freedom. On the other hand, it will increase predictability in the investment process,” state the Prime Minister, while he added: “We are convinced that this law is going to open a new chapter on investment and investors in Albania.”

 Head of EBRD Office in Tirana Christoph Denk stated that: “We are proud to support the launch of the Investment Council. This is an important step forward and we are happy to see the Albanian authorities tackle head-on the challenges that the country faces. Improving the business environment is one of the priorities of the EBRD’s work in Albania and it is an integral part of everything we do”.