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 President von der Leyen visits the Western Balkans
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04-11-2024

European Commission President von der Leyen visits the Western Balkans

The President took the opportunity to shine the spotlight on significant investments through the WBIF

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Updated WBIF factsheets now available
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03-10-2024

Updated WBIF factsheets now available

Autumn brings the updated WBIF factsheets, including the latest figures and project examples.

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Study on Environmental and Social Impact Assessment for part of Adriatic – Ionian Motorway now available
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15-07-2024

Study on Environmental and Social Impact Assessment for part of Adriatic – Ionian Motorway now available

The study, also covering preliminary design and feasibility of the Murriqan-Lezhë section of the motorway was ...

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Videos

Publications

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WBIF Rail Corridor VIII
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10-10-2024

WBIF Rail Corridor VIII

WBIF Rail Corridor VIII Factsheet (October 2024)

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WBIF Albania - North Macedonia Power Interconnection
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09-10-2024

WBIF Albania - North Macedonia Power Interconnection

WBIF Albania - North Macedonia Power Interconnection Factsheet (October 2024)

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Economic and Investment Plan: Endorsed Flagship Investments 2020-2024
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22-07-2024

Economic and Investment Plan: Endorsed Flagship Investments 2020-2024

Flagship investments endorsed under the Economic and Investment Plan for the Western Balkans, July 2024.

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Partner Financial Organisations

Western Balkans Partners