List of National Projects, new criteria are defined - Concession proposers must submit feasibility studies in advance
New public investment projects must meet several additional criteria to be included in the Unique List of Projects of National Importance.
Referring to the decision approved by the Council of Ministers, strategic investment projects, which are proposed to be implemented as concession or public-private partnership projects, are matured in the Unique List of Projects of National Importance, after the feasibility study is prepared, following the rules provided for in the legislation in force for concessions and public-private partnerships.
According to the decision, the Unique List of Projects of National Importance is approved by decision of the Council of Ministers, no later than January 31. If deemed necessary, the Unique List of Projects of National Importance is reviewed every 3 months.
The decision also stipulates that the expenditures for investment projects are classified into: strategic projects, which are above the threshold value determined by the instruction of the Minister of Finance. These projects, in order to be included in the Unique List of Projects of National Importance, are subject to an evaluation process. As well as projects, which are within the threshold values determined by the instruction of the Minister of Finance. These projects, before the start of the budget process, must prepare the investment project concept form and the simplified feasibility study, according to the methodology approved by the instruction of the Minister of Finance.
The institution responsible for strategic programming consults each project proposal, as well as projects that have prepared a feasibility study and meet the project maturity criteria, according to the methodology approved by the Minister of Finance, in the Strategic Planning Committee, on a case-by-case basis.
Projects that have matured in the Unique List of Projects of National Importance and have not been budgeted within three years of the completion of the feasibility study, in order to be budgeted, must review the feasibility study. Public investment projects approved in the Unique List of Projects of National Importance are included in the list until the full value of the financing is secured.
Currently, 134 major investments in Albania are part of the Unique List of Projects of National Importance. Mature projects are considered those projects for which a feasibility study has been conducted and are considered feasible.
There are 52 such projects in this status, in all sectors of the economy, such as infrastructure, energy, environment, health, education, economic development, regional development, justice, etc.
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