Albania

Albania

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albania Albania

  • Population: 2.8 million
  • GDP: €13.6 billion
  • GDP per capita Index: €4,780
  • Public Debt: 67.8% GDP
  • EU Candidate:  Candidate country since June 2014

'Connecting people and improving their living standards is at the heart of the WBIF investments. While Albania goes through its necessary reform process to prepare for EU membership, the WBIF brings immediate and concrete benefits to people.'

Ambassador Luigi Soreca

Since 2009, the WBIF has supported 38 projects with an estimated value of €2.5 billion in Albania.

The country has benefited from 53 grants for €188.8 million in technical assistance and investment co-financing. The EU grant support channelled through the WBIF accounts for €173.8 million and covers both technical assistance and investment works. Other donors have contributed €15 million as well. 

188.8 m

Investment grants:  € 142.1m

Technical assistance: € 46.7m


2.5b

470  m

WBIF Grants

IPA II bilateral grants

train

Sustainable Transport

€125.2m

€24m

Clean Energy

€30.4m

-

Environment & Climate

€26.8m

€28.1m

Human Capital

€3m

€165.7m

Digital Future

€3.4m

-

Competitiveness

Breakdown of support provided below

€208.3m

Total

€188.8m

€426.1m

Achieved Results

(2009 - 2021)

  • 800 km of new roads
  • Improved water/wastewater systems for 300,000 people
  • Better schools for 18,500 students/year

Expected Results

(2022- 2030)

  • 243 km of motorways
  • 193 km of railway lines rehabilitated
  • 500 MW electricity from renewables for over 200 households
  • 174 km of electricity transmission lines upgraded
  • 207 km of gas pipelines
  • Improved water/wastewater/ solid waste services for 1.5 million people
  • Healthcare treatment and research facilities for 2.8 million people
  • 70% of households with access to broadband networks in rural areas
  • 724 healthcare facilities and 2,155 schools connected to broadband

Support to Private Sector

WB EDIF

The Western Balkans Enterprise Development & Innovation Facility

  • €49.2m in financing for SMEs
  • 614 SMEs supported in Albania
  • 1 equity investment (€1.4m)
  • Technical assistance and advisory to 219 SMEs

European Fund for Southeast Europe

  • €111.7m sub-loan investments
  • 14,009 sub-loans provided
  • 83 beneficiaries supported

Green for Growth Fund

  • €32m sub-loan investments
  • 73 sub-loans
  • 11,540 MWh/yr primary energy savings
  • 9,882 t CO2/yr emissions reduction

The Regional Energy Efficiency Programme

  • €0.4m in financing for residential sector (GEFF)
  • €5.2m in direct financing for private sector
  • Improved energy efficiency

Latest Albania News

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European Commission launches €3.2 billion investment package in the Western Balkans
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25-02-2022

European Commission launches €3.2 billion investment package in the Western Balkans

Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...

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Start of Works on the EU-supported North Macedonia - Albania transmission line
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18-02-2022

Start of Works on the EU-supported North Macedonia - Albania transmission line

On 17 February, works commenced on the 400 kV transmission line that starts from the transformer station "Bito...

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Completion of the EU-funded Technical Assistance for Dumrea Underground Natural Gas Storage in Albania
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14-12-2021

Completion of the EU-funded Technical Assistance for Dumrea Underground Natural Gas Storage in Albania

A final workshop for the project ‘Dumrea Underground Natural Gas Storage: Feasibility Study and Environmental ...

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Videos

Publications

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WBIF Newsletter April 2022
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08-04-2022

WBIF Newsletter April 2022

WBIF Newsletter April 2022

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WBIF 2022 Endorsed Flagship Projects
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25-02-2022

WBIF 2022 Endorsed Flagship Projects

The WBIF, on 23 February 2022, endorsed 21 flagship projects in key railway, road and waterway interconnection...

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Corridor VIII: Durres – Rrogozhina Railway Section Section in Albania
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22-10-2021

Corridor VIII: Durres – Rrogozhina Railway Section Section in Albania

Project fiche on the WBIF TA grant WB21-ALB-TRA-01 "Comprehensive Network, Corridor VIII, Durres – Rrogozhine ...

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Partner Financial Organisations

Western Balkan Partners