Albania Investment Development Agency (AIDA)| Export Credit Agency (ECA) in Albania

Export Credit Agency (ECA) in Albania

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Albania Investment Development Agency (AIDA) |
Export Credit Agency (ECA) in Albania
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About Albania Investment Development Agency

The Albanian Investment Development Agency (AIDA) is an institution that is part of the Ministry of Finance and Economy. The focus of the Agency is on promoting the country’s tourism potential and strengthening the export potential of the country, and promoting/supporting foreign direct investment in Albania, as well as enhancing the competitiveness of the private sector.

Serving as an intermediary between foreign investors and the Government of Albania, AIDA provides access to up-to-date investment information and acts as a “One-Stop-Shop,” supporting investors throughout the investment process. The direct contribution of AIDA to the economic development of the country is emphasized through: Facilitation and support of foreign direct investments in Albania; Growth and competitiveness of Small and Medium Enterprises (SMEs); Promotion and providing assistance for exports of goods and services.

The Agency undertakes all necessary initiatives for the development of the private sector and for the improvement of the business climate, following and assisting private commercial entities in all phases of their business activity, through intervention and cooperation with foreign trade entities and bodies.

A summary of Albania Investment Development Agency

Products and services offered by Albania Investment Development Agency

The services that Albanian SMEs receive from AIDA belong to two main pillars: Increasing the competitiveness of Albanian micro, small and medium enterprises and their development, through the promotion of renovation, technological progress and information exchanges; making them more attractive to the foreign market.

Support is given to Albanian entrepreneurs and foreign partners wishing to enter into partnerships with Albanian companies through key services:

  • Albanian government grants
  • Identification of markets or new export partners
  • Training and product certification needs
  • Facilitation of participation in national/international fairs

Raw Materials – From tobacco to spices, gold to bronze, commodities represent a large proportion of our trade finance portfolio

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Finished Goods – Our innovative structuring capabilities allow us to put together complex finance structures, even if the end goods are finished

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Metals – From scrap metal to alloys, we help traders and distributors access trade, receivable or PO finance for iron, steel and non-ferrous metals

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Key Stats

Name:

Albania Investment Development Agency

Country:

Albania, Europe

CEO:

Sokol Nano (Executive Director)

Founded:

2010

Employees:

22

Government:

Albania Ministry of Finance and Economy

Company Number:

--

Address:

Rr. Skerdilajd Llagami, Nd. 1, H. 6 Tiranë, 1019, Albania

Email Address:

info@aida.gov.al

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About the Author

Elcyn Domingo is responsible for the TFG Weekly Trade Briefings at Trade Finance Global.

She holds a Bachelor of Science degree in Information and Technology and is passionate about how SMEs can use new technologies to overcome challenges for business growth, with regard to both digital and sustainable models for trade.

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