Albania FDI uncertainties mount as few alternatives remain for major concluding projects

TIRANA, June 27 – Two-thirds of foreign direct investment that flowed into Albania in the first quarter of this year came from two major energy-related projects, already in their final stage of investment, signaling of tough times ahead starting next year unless no new major investment replaces them. The Albania section of the Trans Adriatic Pipeline bringing Caspian gas to Europe and the Devoll Hydropower project by Norway’s Statkraft brought €182 million in FDI in the first quarter of this year, accounting for 64 percent of the total FDI flowing into Albania in early 2018, according to Albania’s central bank….