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ARTICLE · 16 MARCH 2017

Status ‘Strategic Investor'

After 22 years of the enactment of the Foreign Investment law in 1993, as amended in 2009, a new law on strategic sectors and strategic investments came into picture.

AlbaniaGovernment, Public Sector

After 22 years of the enactment of the Foreign Investment law in 1993, as amended in 2009, a new law on strategic sectors and strategic investments came into picture. The idea was how to make big investors happy, how to attract them through a scheme of assistance, rather than provide incentives, as our neighbors are doing. So, in other words, the law 'On strategic investments' provides the procedure of application for obtaining the status 'Strategic investors', which would give them benefits in the first phase of their investment through accelerated procedures of issue of licenses and permits and also through providing additional public assets for their investment needs. The approval of the status would give to the strategic investor a) normal assistance and b) special assistance. The sectors the law selects and defines as 'strategic' are, more or less, those declared as sectors of priority in the program of the Government. More specifically, sectors investors can

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