Albania
03-12-2024
WBIF Key Achievements report 2023 released
On the 15th anniversary of the Western Balkans Investment Framework, the 2023 Key achievements report showcase...
'Connecting people is at the very core of the European idea. The EU’s largest investment* in Albania to date will re-connect Albanian people within the rest of the region and Europe by train. The renovated rail line will boost domestic travel, international tourism and support Albania’s overall socio-economic development. It will reduce the environmental impact of freight and passenger transport, thanks to the electrification of the new line. The project is supporting Albania’s green transition, making rail a more efficient and climate-friendly mode of transport.'
*Reconstruction of the Vore - Hani i Hotit Railway Line
The WBIF has supported estimated investments of €4.5 billion in the public sector in Albania.
Albania received €472.4 million in grants in 2008-2024: €410.2 million in investment grants and €62.2 million in technical assistance. These grants support estimated investments of €4.5 billion in rail and road transport, renewable energy and energy efficiency, electricity transmission, gas interconnectors, water supply and sanitation, flood protection, schools and health facilities, broadband connectivity, digital school infrastructure, and high-performance computing.
The country benefitted from eight EIP flagship investments in 2020-2024, which directed €934.4 million towards transport, energy, and digital infrastructure investments. The WBIF contributed €333.4 million in grants to these investments, of which €330.7 million was EU IPA funding and €2.7 million was Bilateral Donor funding.
m
Investment grants: m
Technical assistance: m
bn
m
WBIF grants
Sustainable transport
€338.5m
Clean energy
€84.8m
Environment & climate
€31.7m
Human capital
€3m
Digital future
€14.4m
Private sector
See Priorities section
Total
€472.4m
2008-2023
2024-2030
03-12-2024
On the 15th anniversary of the Western Balkans Investment Framework, the 2023 Key achievements report showcase...
11-11-2024
Investment through the Regional Energy Efficiency Programme substantially improves living conditions for stude...
04-11-2024
The President took the opportunity to shine the spotlight on significant investments through the WBIF
09-10-2024
WBIF Albania - North Macedonia Power Interconnection Factsheet (October 2024)
22-07-2024
Flagship investments endorsed under the Economic and Investment Plan for the Western Balkans, July 2024.
