"400 million euros from projects with the EU" - Manjani: Letters of intent showed the first efforts to strengthen economic ties
From the letters of intent signed on the first day of the EU-Western Balkans Investment Forum, projects worth 400 million euros are expected to be implemented in the fields of artificial intelligence, clean energy and the automotive industry.
In the first panel of the second day, Deputy Minister of Economy, Olta Manjani, stated that this forum further promoted economic cooperation between the EU and the Western Balkans.
"The aim of this forum is to strengthen economic ties between the European Union and the Western Balkans and I think the first day was very successful in this regard, because the first commitment was made by companies in the region, who signed letters of intent for projects that will be implemented next year in a value of 400 million euros and as the President of the Commission said, we expect that with this investment we will attract millions", said the Deputy Minister.
According to her, European integration requires investments in infrastructure, the private sector, and human capital.
"The Western Balkan countries have shown a high potential to integrate with the financial systems of the European Union. The Western Balkans must advance together as a region and this was an important message of the first day of the Conference, which is that European integration is a capital-driven process that requires coordinated investments in infrastructure, private sector growth and human capital development which is truly one of the most important resources we have in a region with many other precious resources that we need to preserve," said Manjani.
This forum served as a good opportunity to attract foreign direct investment, foster innovation, and accelerate economic convergence.
Land Parcel Identification System - What is LIPS? Unique code for each parcel, highlighting barren areas
The Land Parcel Identification System (LIPS) will soon be implemented in Albania, providing solutions to problems with map overlays. The Agency for......
How Much Do We Spend on Alcohol and Tobacco? Education and Healthcare Take a Back Seat to “Vices”
The latest data on the average monthly expenses of Albanian families shows a significant picture of economic and social priorities. “Scan Intel” has analyzed......
Albania's EU membership, between geopolitics and merit - The Union, maximum attention in the region. How and why did this approach change?
"The future of the Western Balkans lies in the European Union", these were some of the words of the President of the European Commission on the first day of......
From security to investment: ALBSIG welcomes media to modern facilities at Downtown One
ALBSIG, part of the Kastrati Group, welcomed media representatives to its new premises in the iconic Downtown One building, where a press conference was held......
Record number of visitors to cultural and historical sites - Prime Minister Rama: 57% increase compared to last year
The number of foreign visitors to our cultural and historical sites is increasing. Prime Minister Edi Rama announced in a post on social networks that from......
"There is no time to wait"! - Von der Leyen in Montenegro appeals to investors
"Montenegro has tremendous potential, but investment in the economy has not yet reached this potential," said European Commission President Ursula von der......
1 in 7 inventions in Germany, by immigrants - Study: They are increasingly contributing to the country's development
According to the Institute for German Economics (IW), an increasing number of patents in Germany come from people with a foreign background. In 2022,......
Greece's energy transition at risk - What are the obstacles threatening the 2030 targets?
Over-reliance on photovoltaic panels and the slow development of new technologies or energy storage systems are jeopardizing Greece's green future. The......
