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The Investment Council (IC) hold a plenary meeting to discuss the SMEs’ challenges to transition to alternative energy sources chaired by the Minister of Finance and Economy, Mrs. Delina Ibrahimaj, with the special participation of the EBRD’s Managing Director for Policy Strategy and Delivery, Mr Christoph Denk. In this Meeting, FIAA was represented by Dr Constantin von Alvensleben, FIAA/Voltalia, which currently is the biggest Solar project with construction of the Karavasta solar plant with 140 MW.

The Foreign Investors Association of Albania (FIAA) hold its yearly traditional event, a celebration which gathered the Foreign Business Community in Albania, the highest Diplomatic representatives along with key institutions in the country. The Event was greeted by the Chairman of the Parliamentary Commission for Finance and Economy Mr. Eduard Shalsi, the Deputy Minister of Finance and Economy, Mr. Besart Kadia, and H.E Mrs. Christiane Hohmann, Ambassador of the Delegation of the European Union to Albania, who addressed their wishes and shared their messages and actions towards the Business and Economic Climate’ improvement in the Country.

On January 19^th, the Deputy Chairwoman of FIAA, Mrs. Rigela Gegprifti and Director, Mrs. Marinela Jazoj met with Mrs. Milva Ekonomi, Minister of State for Standards and Services to discuss and exchange ideas on the main concerns of the foreign Investors in the country as well as consult new ways and approaches to improve the business climate in Albania.

In the frame of the cooperation that FIAA keeps with Diplomatic Bodies in Albania, Chairman Mr. Alessandro D’Oria and Executive Director Ms. Marinela Jazoj had a meeting with H.E Mrs. Konstantina KAMITSI, Ambassador of Greece in Albania and the commercial representatives of the Greek Embassy in Tirana.

Discussion of this meeting was mainly focused on the current business environment’s main concerns as well as most emerging challenges business is facing currently. During the meeting it was also discussed the long cooperation between FIAA and the Greek Business Community in Albania.

In December 2022, the Ministry of Finance and Economy shared for consultation the Draft Economic Reform Programme (ERP) 2023-2025. ERP is prepared every year by the Government of Albania, under the central coordination of the Ministry of Finance and Economy and is submitted to the European Commission, within the framework of the commitments that derive from the status that Albania enjoys as a candidate country for membership in the European Union.

FIAA was present at the end of the year Roundtable with the Minister of Infrastructure and Energy, Mrs. Balluku and other representatives of energy producers and businesses to discuss on the 2022 concerns and challenges, as well as to announce some new decisions in support of the business that will come into force from January 1^st, 2023.

The Foreign Investors Association of Albania (FIAA) and the Albanian Investment Corporation (AIC),  signed a Memorandum of Understanding as a framework for cooperation which will serve to facilitate collaboration in areas of mutual interest and support communication and coordination on business development activities.

The MoU was signed by Ms. Marinela Jazoj for FIAA and by Mr. Ermal Frasheri for AIC.

FIAA’s Executive Director, Ms. Marinela Jazoj participated at the first meeting held among all the global FIA’s (Foreign Investment Associations and Councils) connecting with each other to share best practices, projects and information between each other.

These organizations represent unique structures in each country and are similarly dedicated to promoting FDIs and support business. The meeting objective was to serve creating a common platform for cooperation with benefit to the region and international business environment and communities.

The Ambassador of Britain in Albania, H.E. Mr Alastair King-Smith organized a business gathering reception in honor of the visit of HM Trade Commissioner for Europe, Mr. Chris Barton CMG. FIAA’s Executive Director Ms. Marinela Jazoj present at the meeting, had the chance to share the FIAA Experience and exchange views on the Albanian business climate and the opportunities to further develop relations between British investors and Albania.