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Ekonomia

"Companies with guaranteed profits have entered", journalist Xama raises hints about foreign investments: We don't have any of the big names in Albania

"Companies with guaranteed profits have entered", journalist Xama

Journalist Ola Xama, speaking in a television studio on foreign direct investments, said that today there are no big names in Albania. She emphasizes that we mostly have reinvestments of existing companies. Xama said that many of the foreign companies that have entered Albania have had the market and profit guaranteed. 

"Foreign direct investments, it depends on how they are compared, if they are compared from year to year, there is a different trend of growth and decline. In 2009, the weight of foreign investments in relation to GDP was higher at the level of 11.8, while in 2023 it is 7.6 percent, with an increasing trend of 0.9 percent with 2022. The value of foreign investments in the 9-month period during 2023 was 1.1 billion euros, this it is the highest figure recorded for a 9-month period, and higher than that of 2009. The best calculation and best expression is the percentage of GDP. Here we see that over the last decade, the biggest trend is not the investment of foreign companies, but the investment of Albanian companies. If it were higher the investment of foreign companies, which come to important sectors that also have know-how, knowledge, experience, markets, to established standards, the latter would be more desirable, so the WB always looks to express foreign investments as a percentage of GDP and not in their value.

Today it turns out that we don't have any of the big names in Albania, either in the markets of food, fuel, ports, airports. We have had investments in the field of energy and gas, but we no longer have foreign companies coming and entering Albania. We have reinvestments of existing companies. We also have the SPAK report of 2022 which cites that many offshore companies penetrate the Albanian market", said Xama.
 

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