Albanian law news

Albania, new incentives for Luxury Hotel Brands

Albania is planning to try to lure five-star hotel brands with tax breaks, including scrapping profit and property taxes, to increase its appeal for the higher-end of the tourist trade. With travel and tourism accounting for 8.4 percent of gross domestic product in 2016, rising demand to visit the country […]

Albania to benefit 93 million euros for rural development

Albania will receive a grant of 93 million euros in EU pre-accession funds for agriculture, the Ministry of Agriculture and Rural Development said on Thursday. The grant of 93 million euros under the Instrument for Pre-Accession Assistance in Rural Development, IPARD II, will be injected to support investment projects in […]

High interest on solar power parks in Albania

Solar energy investments are receiving a lot of attention in Albania. The Ministry of Transportation and Energy has accepted 11 applications from private companies this October only. Their investment geography goes throughout the entire country. Official documents show that the total investments foreseen for 11 constructions will reach 25 million […]