"We are increasing defense spending by 2.6%" - Rama: 500 jobs will be created in Pashaliman
A Memorandum of Cooperation was signed in Pashaliman, Vlora, between the Italian maritime industry giant "Fincantieri", the state-owned company "KAYO" and the "Pavarësia" Industrial School.
The agreement aims to develop professional practices and create new employment opportunities in the construction sector and the maritime industry.
During his speech, Prime Minister Edi Rama described this cooperation as an important and beneficial step for all parties. He emphasized that the military industry in Albania is entering a new phase of development, while emphasizing that defense spending will increase by 2.6% of GDP.
"We are increasing defense spending by 2.6%."
Among other things, Prime Minister Rama said that 500 more jobs will be created in Pashaliman through this partnership.
"There are 500 jobs that are being created in this territory by this partnership, 500 jobs that require qualified people. That require expertise, well-paid jobs, it must be taken into account that all those who will be involved will not simply be people who own a craft, but will be people who will also be viewed from the perspective of their image. Because they will be part of the Albanian defense system."
The agreement is expected to help prepare a new generation of Albanian specialists, who will support the development of the new maritime industrial center in Pashaliman.
At the same time, this cooperation further strengthens the strategic partnership between Albania and Italy, by directly linking vocational education to the needs of the labor market.
More rights for online consumers - Changes to the e-commerce law imminent
Blocking a website, automatically redirecting to another version, or imposing different payment terms solely due to the customer's nationality or place of......
Where do Albanians prefer to travel? For holidays within the country, abroad to meet relatives
Albanians make millions of trips each year, but the motives vary significantly depending on the destination. Within the country, vacations and leisure......
June 30, deadline for conditional forgiveness of obligations/ Taxpayers pay only 50% of the principal, benefit from fines
June 30 is the deadline for taxpayers who want to benefit from the conditional forgiveness of arrears. The tax administration has notified taxpayers through......
How much did Albanians travel during 2025? Movements abroad recorded an increase of 14.3%
During 2025, Albanian residents over the age of 15 made about 4.5 million trips within and outside the country, for personal or business purposes. The data......
Exchange rate/ Slight increase in the foreign exchange market
The US dollar recorded a slight increase in value this morning compared to the previous day, after being bought this Tuesday at 82 lek and sold at 83 lek......
Construction, under observation during peak heat - Field Inspectorate, Muçaj: Rigor in the implementation of safety measures
With the increase in temperatures, the State Labor Inspectorate has moved from awareness-raising to field inspections. In addition to the use of Personal......
Farmers' compensation starts from July 1st - 5-step application procedure, 10% for issued invoices
Starting July 1, farmers will have the opportunity to apply to benefit from the 10% compensation on sales invoices for agricultural products for the period......
Tourism, energy and property attract more financing/ New business credit increases in May. Trade loses ground
New business credit continued to grow in May, supported mainly by tourism, manufacturing and the energy sector. According to data from the Bank of Albania,......
