The New Law for Strategic Investments was recently discussed with the stakeholders and approved. As stressed by Minister Ahmetaj during the session of the Economy Parliamentary Commission, the new law is expected to increase investments in the mining sector, transport, tourism and agriculture.
The new law on foreign investments predicts the administrative procedures and regulations, which will facilitate and accelerate the investment procedures. The law aims to attract and boost public and private investments and offer more easing procedures for local and foreign investors.
The law also foresees the establishment of the Strategic Investments Committee as a collegial institution at the Council of Ministers. The Committee will have the right to take decisions on giving the assisted or the unique status for strategic investments which Albanian and foreign investors may propose.
If you need more information about this Law, please do not hesitate to contact us.