Foreigners no longer invest in Albania like they used to, the situation is the same as 4-5 years ago

Foreigners no longer invest in Albania like they used to, the situation is the same as 4-5 years ago
Foreigners are no longer investing like they used to in Albania. This phenomenon is also being confirmed by the figures which show a constant drop of their direct investments in the country. The same phenomenon is also shown by the figures recently referred by the Bank of Albania, according to which, last year, this indicator was the same as 4-5 years ago.  On the other hand, investments for the previous year were lower, indicating that direct foreign investments are no longer like they used to be in the Albanian economy. If we refer to the figures of the Bank of Albania, in the last quarter of 2017, direct foreign investments amounted to 1.230 million euros.

Meanwhile, in the same period the previous year, 2016, they amounted to 1.334 million euros. At the meantime, let us recall that at the end of 2014, foreign direct investments were 1.230 million euros, a level which was similar last year’s end of the year, indicating that after several years of positive performance, they are now where they used to be. This is also explained with the completion of investments on several important projects in our country, such as the Trans-Adriatic Pipeline (TAP) or the hydro power plant of Devoll. Meanwhile, the same thing can also be said if we calculate direct foreign investments during these two years. In 2017, the total of foreign direct investments was 5.087 million euros, while during 2016, direct foreign investments amounted a total of 5.406 million euros. Once again, this confirms their falling trend and goes to prove that foreigners are spending less money in the form of investments in our country.

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