Institution details
Albanian Investment Development Agency (AIDA) (AIDA)
Key facts
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | B+ |
Country rating | S&P | Local currency | B |
Products
- For Albanian companies
- For foreign companies investing in Albania
For Albanian companies
AIDA manages several grant programs, including but not limited to:
- IPARD LIKE: Aims to increase the competitiveness of the agricultural sector
- INTEREG: Aims to improve the quality of life along the Albanian-Greek border
- COSME: Aims to strengthen the competitiveness of SMEs
The agency also provides financial support to Albanian companies using four funds, each intended to stimulate a specific type of activity: competitiveness, creative economy, startups, and innovation
The agency also aims to strengthen competitiveness of SMEs by providing free services including market analysis, networking, identification of potential partners, managerial support, templates for business plans, training, administrative procedures, event management, and identification of certifications needed for export
For foreign companies investing in Albania
AIDA offers studies, research on business climate, information about business conditions and opportunities, contacts within national and regional government agencies, detailed statistical and survey data, and identification of sites and buildings
For strategic investments:
- Facilitate administrative procedures and reduce legislative complexity for strategic investments
- Due diligence procedure
- Provision of immovable assets