Ibrahimaj: Legal security of property, essential for economic development and investment climate

The Minister of Economy and Innovation, also Chair of the Investment Council, Delina Ibrahimaj, chaired the next meeting of the Investment Council, where the focus of the discussions was the legal security of property.
In her opening remarks, the minister stated that this issue remains among the most important for the country's economic development and for strengthening the investment climate, especially at a time when Albania has undertaken important reforms in terms of digitalization and improvement of public services.
She emphasized that since 2013, the vision of the Albanian government has been to build a modern and digitalized administration, making it possible for over 95% of public services to be provided online today. In addition to digitalization, important processes of deregulation and reorganization of processes have also been undertaken, in cooperation with relevant institutions and business actors, with a special focus on facilitating services for entrepreneurship.
The Minister underlined that these processes are ongoing and require constant attention, therefore it has been decided that every act that passes the Council of Ministers will be accompanied by a clear analysis of the impact it has on the regulation, over-regulation or deregulation of services.
According to her, this is an important step to guarantee the provision of services on time and with maximum efficiency.
Focusing on the property sector, Ibrahimaj stressed that the reform should be seen as part of an integrated approach, as it directly impacts key sectors of the economy such as agriculture, agribusiness, tourism, construction and strategic investments. She highlighted the progress achieved in property registration and data digitalization, including the ongoing efforts of the cadastre to modernize services.
However, the Minister stressed that concrete challenges still remain that need to be addressed. In this context, she underlined that reforms in the legal framework and in the Growth Agenda aim to improve the quality of services, increase transparency and build a reliable and functional system in practice.
During the meeting, the Minister also shared with the participants the need to strengthen the institutional sustainability of the Investment Council, aiming to build structures that can function independently and in the long term. In this regard, the possibility of merging several business councils into a common structure is being examined, with the aim of increasing effectiveness and coordination.
According to her, the Investment Council remains one of the most professional and functional structures, and the aim is to expand its role as an important consultation platform, where business and government cooperate equally in drafting policies and recommendations. The importance of strengthening analytical capacities and following up on the implementation of the recommendations given was also emphasized.
In conclusion, Ibrahimaj emphasized that property reform has a direct impact on economic development, increased investment, and strengthened entrepreneurship confidence, underlining the importance of translating it into concrete results for citizens and business.
The meeting continued with discussions and contributions from members of the Investment Council and business representatives.
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