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What do Albania’s upcoming municipal elections mean for foreign investors?

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7 mins read
3 years ago
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NEWS ANALYSIS TIRANA, April 19, 2023 – Albania’s political parties have started campaigning across the country for the upcoming May 14 municipal elections, which will determine the mayors and municipal council members of Albania’s 61 municipalities.  By their very nature, municipal elections are supposed to focus on local issues, but as has often been the case in Albania they are also seen as a referendum on national governance. And while Albania is a highly centralized country when it comes to governance, thus the national election outcomes are far more important for foreign investors, for specific businesses looking to invest or that…

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Story Highlights

  • Tourism and construction sectors are likely to be most affected as taxes, land use and building permits can be impacted by municipal governance. Municipal elections will also serve as bellwether for national elections in two years time. 

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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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