The Case for the Albanian Investment Corporation
Автор: Harvard Center for International Development
Загружено: 2019-02-06
Просмотров: 1497
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To support the growth strategy of Albania, to improve employment rates and general well-being of its society, the Government of Albania (GOA) has been working since November 2017 to develop a mechanism that could ensure timely preparation of needed investment projects and its financing under adequate conditions.
After a thorough due diligence process during 2018, and careful evaluation of different options, the GOA has opted for the development of a new institution, the Albanian Investment Corporation (AIC), as a new capability to support project development and ensure financing at adequate terms and conditions.
The Center for International Development (CID) launched the Institutional Strengthening and Economic Diversification in Albania research project in 2013 to identify Albania's binding constraints and proposing policy solutions that can relax them.
In this video, CID Director Ricardo Hausmann explains the need for the AIC, how it will coordinate functions with ministries and public sector agencies, the mechanisms to mitigate risks regarding its governance and mission, and more.
For more information about CID's research project in Albania, visit albania.growthlab.cid.harvard.edu
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