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Only half of annual FDI flows remain in Albania, UN report shows

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TIRANA, June 11 – Albania has been the second largest foreign direct investment recipient among regional EU aspirant Western Balkan countries for the past eight years, but the stock of FDI has not followed the same upward trend, hinting of huge and suspicious withdrawal of FDI. A report by UNCTAD, the United Nations body responsible for international trade, shows that only about half of the annual FDI inflow in Albania stays in the country and is reflected on the country’s final FDI stock. Albania has attracted an average of about $1 million of FDI annually since 2010 when it emerged…

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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.

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