Foreign Investors of Association Albania launches findings of the Survey on the Business Environment in Albania 2023

Foreign Investors of Association Albania launches findings of the Survey on the Business Environment in Albania 2023

October 25, 2023
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Foreign Investors of Association Albania officially launched the findings of the Business Environment Survey in Albania. The Survey findings were presented at the presence of the Minister of Finance and Economy, Mr. Ervin Mete and Minister of State for Entrepreneurship and Business Climate Mrs. Delina Ibrahimaj, along with other distinguished business guests and diplomatic representatives in Albania.

The President of FIAA Mr. Alessandro D’Oria in his remarks thanked the Ministers for their presence and for dedicating part of their agenda to FIAA members. Mr. D’Oria highlighted that through the 2023 survey, FIAA gives voice to the international companies within the association, representing more than 100 members, 2 bln euro turnover and more then 30K employees. He further stated: “In FIAA we do believe that these surveys are useful for the Government and policy makers, because are giving the opportunity to listen to that part of real economy which is creating wealth for the country and the population. Only thanks to this mutual listening, we do believe we can create the best conditions for the economic operators, and for the Government to address the possible solutions. In one word, this a tool of democracy and dialogue”.

On the other hand, the Minister of Finance and Economy, Mr. Ervin Mete expressed that the reforms the Government is undertaking to improve digitized public services, increase transparency, promote competition and reduce barriers, are yielding results. The Partnership with business is important and necessary for the attraction of investments, for sustainable development of the economy, also for the faster integration of Albania to the European Union.

 

Meanwhile, Mrs. Delina Ibrahimaj, the Minister of State for Entrepreneurship and Business Climate also addressed to FIAA members and guests by expressing appreciation for the contribution of the private sector to the development of the economy and the importance of the partnership for the reforms they are undertaking, with focus on improving public services. The perception of the improvement of the business climate is a positive signal that they are moving in the right direction and that will serve them to properly address the challenges.

 

 

To conclude, FIAA’s Executive Director Ms. Marinela Jazoj emphasized the importance of the White Book recommendations and the necessity for further consultation on the remaining concerns addressed in it. In addition, she highlighted two very important issues that the foreign Investors are appealing for:

Timely consultation of the draft laws; and the efficient implementation of the provisions for the Double Taxation Agreements. Both these issues are very fundamental for the present Foreign Investors and also for attracting new ones in Albania.