Albania tasks ambassadors with bringing new investors to fill huge TAP, Devoll gap

TIRANA, Nov. 22 – With some major energy-related investment nearing competition, Albania has tasked the country’s ambassadors and diplomatic representatives in more than 40 countries around the world with the difficult job of bringing new investors to the country through a more active economic diplomacy. At a three-day conference held in Tirana last weekend, Finance Minister Arben Ahmetaj said FDI which in 2016 hit a historic high of about €1 billion thanks to some major energy-related investment is on track to drop by $200 million annually starting 2019 when major investment such as the Trans Adriatic Pipeline and the Devoll…