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    Alternation of energy resources in Albania

    Posted by franksupa on October 22, 2008

    TIRANA, Oct 22. (ATA). Alternation of energy resources in Albania is necessary, Minister of Economy, Trade and Energy (ETE) Genc Ruli said at the German-Albanian economic conference “Market perspectives in Albania: Energy-Environment-Construction”, which was opened by Prime Minister Sali Berisha.

    “Improvements have been made to the law “On concessions” in 2006, but alternation of energy resources are necessary in Albania, as currently 100% of these resources in the country are water resources,” Ruli said at the conference, which was attended by a large number of Albanian and German entrepreneurs.

    “Albania has advantages in developing wind energy,” he said, stressing that the Albanian government “has given priority to the strengthening of inter-connection lines, whose building also enables power export to neighbouring countries.”

    Referring to improvements and facilities in doing business in Albania, Ruli said: “The basic legal and regulatory guarantees, which are also found in foreign countries, have been established over the last three years.

    “Albania has several competitive advantages, such as tax reduction, and the creation of the legal framework to set up a center in the form of “One Stop Shop” on permits and licenses is also being completed. This will further facilitate procedures for the business,” he said.

    Meanwhile, Ruli said that work is underway also for the development of Albanian ports, considering this a very significant step to upgrade standards of infrastructure.

    “We are conscious that problems on property titles still exist but we have approved creation of economic zones to facilitate building businesses in the country,” Ruli said, referring to the property title issue.

    He added that three industrial parks were approved last September and that other parks were being studied.

    The conference will continue for two days in Tirana and a number of government officials and business representatives are expected to read reports.



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