Albania

Albania

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albania Albania

  • Population: 2.8 million
  • GDP: €13.3 billion
  • GDP per capita Index: €4,610
  • Public debt: 67% GDP
  • EU candidate: Candidate country since June 2014

'Connecting people and improving their living standards is at the heart of the WBIF investments. The necessary reform process to prepare Albania for EU membership goes hand-in-hand with WBIF concrete benefits. In short, Europe is already here.'

Ambassador Christine Hohmann

Since 2009, the WBIF has supported estimated investments of €4.1 billion in the public sector in Albania.

The country has benefited from 67 grants for €464.1 million in technical assistance and investment co-financing. The EU IPA grant support channelled through the WBIF accounts for €447.5 million and covers both technical assistance and investment works. Other donors have contributed €16.6 million as well. 

€464.1m

Investment grants: €406.9m

Technical assistance: €57.2m


€4.1bn

€658m

WBIF grants

train

Sustainable transport

€335.6m

Clean energy

€81.1m

Environment & climate

€30.2m

Human capital

€3m

Digital future

€14.2m

Private sector competitiveness

Breakdown of support provided below

Total

€464.1m

Achieved results

2009 - 2022

  • 843 km of local and regional roads upgraded
  • 11 km of railway lines rehabilitated
  • Improved water and sanitation services for over 280,000 people
  • Better schools for 18,500 students/year

Expected results

2023 - 2031

  • 713 MW renewable energy generation capacity installed
  • 185 km of railway lines rehabilitated
  • Improved water and sanitation services for over 975,000 people
  • 627 schools equipped with smart labs for 198,000 students/year
  • 70% of households with broadband connectivity in rural areas

Support to Private Sector

WB EDIF

The Western Balkans Enterprise Development & Innovation Facility

  • €60.1m in financing for SMEs
  • 666 SMEs supported in Albania

European Fund for Southeast Europe

  • €123.1 million in sub-loans since inception
  • 17,864 borrowers since inception
  • 50 projects supported since inception 

Green for Growth Fund

  • €32 million sub-loan investments since inception
  • 11,540 MWh/year primary energy savings
  • 9,882 tCO2/year emissions reduction

The Regional Energy Efficiency Programme

  • €1.2m in financing for residential sector (GEFF)
  • €5.2m in direct financing for private sector

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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Albania and the Western Balkans Investment Framework
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04-04-2023

Albania and the Western Balkans Investment Framework

Brochure on WBIF activities in Albania in English (last updated in March 2023). 

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Economic and Investment Plan: Endorsed Flagship Investments 2020-2022
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01-03-2023

Economic and Investment Plan: Endorsed Flagship Investments 2020-2022

Booklet on flagship investments endorsed under the Economic and Investment Plan for the Western Balkans in 202...

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Energy Support Package for the Western Balkans
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14-12-2022

Energy Support Package for the Western Balkans

Booklet on the Energy Support Package for the Western Balkans approved by the European Commission on 5 Decembe...

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Partner Financial Organisations

Western Balkans Partners