Albania significantly increases Foreign Direct Investment in 2023–2024
According to an analytical study by ALTAX on foreign investments for the period 2023–2024, Albania has experienced a significant increase in Foreign Direct Investment (FDI), marking a growing commitment of foreign capital in strategic sectors of the national economy.
The latest Balance of Payments data published by the Bank of Albania show that countries such as Turkey, Switzerland, Canada, the Netherlands, Austria, Germany, France, and Italy have considerably deepened their investment presence in the country.
This positive trend is the result of an improved business climate, political stability, and strong bilateral relations with international partners. Notably, investments from Turkey have increased by 26.9%, reflecting strong engagement in the construction, energy, and tourism sectors. Similar growth has also been recorded by other major investors such as the Netherlands (+18%), Canada (+14.7%), and France (+23.6%).
At the same time, a decline or stabilization of investments has been observed from countries such as Japan, the Cayman Islands, and Kuwait, primarily in the real estate and tourism sectors, reflecting shifts in investor priorities.
This development highlights Albania’s growing potential as an attractive destination for foreign capital, with concrete benefits such as infrastructure modernization, job creation, technology transfer, and tourism promotion. Investments are expected to further increase in the coming years, with a particular focus on the energy, infrastructure, and services sectors.
👉 For a detailed analysis, including the distribution of investments, valuable insights can be found at the following link:
Foreign Direct Investment in Albania 2023–2024 – Real Growth or Illusion of Stability?
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