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Prifti invites banks to finance concession projects

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TIRANA, Feb 18؁lbania is seeking banks to finance concession projects, especially in energy, Economy, Trade and Energy Minister Dritan Prifti reported.
“I believe that the banking system’s fear of getting involved in energy sector financing, especially hydropower, is not justifiable. This kind of behavior is senseless because a legal framework on guarantees exists,” Prifti said in a statement after meeting banking heads and representatives of concession projects.
He said his ministry is preparing a legal framework on renewable energy, which provides legal guarantees for bank financing.
Out of 99 concessionary projects in Albania, 44 have been successfully developed, the minister added.

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