Albania provides attractive conditions for investors and is working in the right direction. Attention should be given to better communicating the country’s vision and policies.
The risk areas discrimination between foreign and domestic investors and breach of State obligations remain unchanged from last year. On the other hand, the risk of unpredictable policy and regulatory change has reduced since 2018.
Albania’s performance against EIRA’s four indicators is good. It has maintained a good score on the indicators management of decision-making processes (79), rule of law (77), and regulatory environment and investment conditions (76). The score for foresight of policy and regulatory change has increased from 46 to 69 points.
On a more detailed level, Albania’s overall sub-indicator performance is good. The highest-scoring sub-indicators are transparency and respect for property rights, both with 83 points. The performance on the sub-indicators restrictions on FDI and institutional governance remained unchanged, at 80 and 75 respectively. Robustness of policy goals and commitments has improved by 25 points and is now at 75. Regulatory effectiveness has once more received a score of 72, while management and settlement of investor-State disputes is at 70. The sub-indicator communication of vision and policies has a good score of 62 after increasing by 12 points since last year.