Projects & Investment
The big picture
Albania’s energy market to link with Italy through an underwater energy cable
Albania is embarking on a transformative energy project with the construction of an underwater power cable connecting it to Italy, a landmark development in the country’s energy and economic strategy....
Villa of Albania’s former communist dictator transformed into cultural space and artist residency
The former residence of Albania’s communist-era dictator Enver Hoxha has been transformed into an open cultural space and artist residency. From now on, the villa, named Vila 31 Art Explora,...
New cardiovascular surgery hospital to be added to Albania’s largest medical center
The Mother Teresa University Hospital Center (QSUT), Albania’s largest medical facility, will soon have a new Cardiovascular and Vascular Surgery Hospital. Construction of the four-story building, covering 4,000 square meters,...
Jared Kushner’s company secures strategic investor status for $1.4 billion island resort in Albania
Jared Kushner’s company, Atlantic Incubation Partners LLC, has been granted “Strategic Investor with Special Procedure” status by the Albanian government for the development of a $1.4 billion luxury resort on...
Albania, Italy, and UAE sign agreement for undersea energy cable in Adriatic Sea
Albania, Italy, and the United Arab Emirates have signed a landmark agreement to begin investments in an undersea energy distribution line across the Adriatic Sea. The agreement was formalized in...
Albania to build new modern facility for National Library
Albania’s National Library will soon have a new building, addressing long-standing issues with book preservation and lack of space. The new facility will be built in the area known as...