Today: May 01, 2026
Subscribe
Login
·

BoA: Chinese companies likely used Canada, tax havens for major Albania investments

by
4 mins read
9 years ago
Change font size:

TIRANA, July 5 – Chinese companies invested more than $600 million in two major oil and airport acquisitions in Albania last year, but official data shows the stock of Chinese foreign direct investment in the country remains almost non-existent, hinting the investment has been made through Canada, the former headquarters of the country’s largest oil company, or tax havens like Singapore. Official central bank data shows the stock of Chinese foreign direct investment to Albania was at only €7 million at the end of the first quarter of 2017, compared to €2 million at the end of 2015, when no…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here

Story Highlights

  • Chinese companies invested more than $600 million in two major oil and airport acquisitions in Albania last year, but official data shows the stock of Chinese foreign direct investment in the country remains almost non-existent, hinting the investment has been made through Canada, the former headquarters of the country’s largest oil company, or tax havens like Singapore.

Latest from Business & Economy

Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage

·
Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
2 months ago
7 mins read
Subscribe
Login