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Analysis of current investment projects and their economic justification

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  • Elti Shahini
  • Ermir Shahini

Abstract

The purpose of this study was to analyse existing investment projects in Albania and assess their economic feasibility to determine their impact on the country’s economic growth and development. The study examined 30 major investment projects in key sectors such as energy, infrastructure, and tourism. The study showed that the main investors in Albania are the Netherlands, Switzerland, Canada, Italy, Turkey and Austria, which are actively investing in the development of renewable energy sources, transport infrastructure and light industry. The analysis confirmed that the volume of investment, macroeconomic stability and government support are key factors in the successful implementation of projects. The SWOT analysis showed that Albania has significant potential to attract foreign investment due to its favourable geographical location, political stability and natural resources, but faces challenges such as underdeveloped infrastructure and high levels of bureaucracy. Investment projects have had a positive economic and social impact, including reducing energy dependence, developing tourism infrastructure, and improving logistics capabilities. Recommendations were made to optimise state support for investors, invest in infrastructure, improve the skills of the workforce, and support small and medium-sized businesses. The proposed recommendations will help improve Albania’s investment climate and ensure further growth in foreign investment, which will have a positive impact on the country’s economic development. At the same time, these recommendations may also be useful for other countries with similar economic levels of development seeking to attract foreign investment and stimulate their economic growth

Suggested Citation

  • Elti Shahini & Ermir Shahini, 2024. "Analysis of current investment projects and their economic justification," E-Forum Working Papers, Economic Forum, vol. 14(2), pages 38-50, April.
    • Handle: RePEc:cuc:eforum:v:14:y:2024:i:2:p:38-50
    DOI: https://doi.org/10.62763/cb/2.2024.38
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    References listed on IDEAS

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