Albania - Macedonia to Increase Foreign Investments
Albanian Daily News
Published August 3, 2017
In the framework of creation of a regional economic zone, the two countries are closely examining opportunities to encourage both foreign direct investment and doing business. The Minister for Foreign Investments in the Government of Macedonia, Mr. Ramiz Merko will be in Tirana in his first economic official visit on 2-4 August 2017, and will hold meetings with the President of the Republic of Albania, Mr. Ilir Meta, the Mayor of Tirana, Mr. Erion Veliaj, with representatives of the Chambers of Commerce and Industry and some of the most successful Albanian entrepreneurs. During his three-day stay in Albania, Minister Merko will be accompanied by his close staff, the Deputy Director of the Directorate for Technological Industrial Development Zones Mr. Asip Useini, and the Head of the International Office, "FM Consulting", Mr. Fatos Mustafa. For Mr. Mustafa, this important visit that takes place as part of the process to establish a common regional economic zone, supported by the Trieste summit held in July this year, will serve as an opportunity for the Albanian government and business to get acquainted with Macedonia's new business model, and the facilitation policies pursued by the government to improve the business climate. Meetings have been scheduled to take place with the President of the Chamber of Commerce and Industry of Tirana, Mr. Nikolin Jaka, the President of the Albanian Agribusiness Council, Mr. Agim Rrapaj, the President of Agna Group, Mr. Vasil Naçi, the President of Mare Adriatik, Mr. Mark Babani, with Mr. Maksim Caslli, Managing Director of Deloitte Albania & Kosovo, the President of Aiba Company Mr. Agron Duka, the President of Green Farm, Mr. Ferdinand Bani, and others. The Head of the International Office, "FM Consulting", Mr. Fatos Mustafa said that this is a very important visit as the Minister for Foreign Investments in the Government of Macedonia, Mr. Ramiz Merko, will present the new investment attraction model pursued by his Government, which includes the subsidies offered to the business companies investing in the Technological Industrial Development Zones, as well as out of them. The Government of Macedonia offers a series of facilities for these zones that include tax relief for about 10 years’ time. On the other hand, Albania can see these areas as models of success to be implemented and create conditions that enhance business competitiveness. "We are two countries that should look for opportunities to cooperate, to be complementary to each other, because it is only in this way that we can integrate into larger markets," Mr. Mustafa said. For the International Office, ”FM Consulting”, these meetings between representatives of both governments and business are the best example of how Macedonia and Albania should further enhance co-operation to strengthen their positions, and to guarantee more competitiveness and a more favorable climate for entrepreneurship in all areas of common interest such as industry, tourism, and others.