By end of March, the EBRD Board of Directors visited Albania and met government representatives, entrepreneurs and civil society organizations.
The purpose of the visit was to bring the Directors, up to date with the progress of transition, as well as to allow them to witness the impact of the Bank’s activities on this process and to become better acquainted with the domestic, foreign business and diplomatic communities in these countries.
To date, the EBRD has invested €1 billion in 77 projects in Albania. Infrastructure and energy are the largest sectors of EBRD investments, reflecting both the country’s most pressing needs and strongest potential.
Other EBRD priorities in Albania according to the current country strategy (2016-2019) include supporting private sector competitiveness, building on the strong entrepreneurial spirit in the economy, strengthening regional infrastructure linkages, enhancing the commercialization of state-owned enterprises and promoting sustainable energy and environmentally sound investments.