Today: Nov 07, 2025

Italy focuses on Albania investments

1 min read
12 years ago
Change font size:

TIRANA, April 14 – Italy’s government has kept its focus on Albania with a series of investments in the Adriatic republic, officials said.
An investment of 15 million euros will enable the rehabilitation of the Port of Vlora, for example. Transport Minister Edmond Haxhinasto signed two contracts with the Italian Ambassador in Tirana, Massimo Gaiani, one involving consultancy and the other the implementation of the project.
He said that this investment is very important for a quality service.
“It is important for our infrastructure to be the same as that in EU countries. This is a project which will aim to bring at efficient levels the quays of the port of Vlora. No work can be considered complete, if it does not guarantee a quality service that is expected from it. We are satisfied with the cooperation we have had till now with the Italian government”, said Haxhinasto.
The signing of the agreement paves the way to the Rehabilitation Project of the Vlora Port, which is funded by Cooperazione Italiana, the Italian development organization, in Albania. It will also help raising the number of tourists and trade exchange, through the port, officials said.
In another activity the Italian assistance institution pledged to invest 4.2 million euros in three projects for this year to be applied by the non-government organizations in the country.
In the last three years the Cooperazione Italiana has invested some 19 million euros in different projects in the country through its NGOs present in the country, that number more than 20 nowadays.
They have aimed at the health, education, employment, rural development, promoting at the socially disadvantaged strata and also improving living standards in the suburban areas.

Latest from News

Rama: Albania Has No Fear of Russia

Change font size: - + Reset Tirana Times | November 5, 2025 Berlin/Tirana – Albanian Prime Minister Edi Rama has downplayed growing Western fears of a possible Russian expansion of aggression in
1 day ago
2 mins read

Albania’s Penal Code Draft Sparks Outcry

Change font size: - + Reset Tirana, August 5, 2025 — The Albanian government’s draft for a new Penal Code, presented in late July 2025, has ignited fierce debate across the political
3 months ago
6 mins read