AGP Executive Report
Last update: 4 hours agoEnergy Infrastructure: Argent LNG and the Albanian government signed a non-binding MoU to jointly evaluate a large-scale onshore LNG storage and regasification terminal on Albania’s coast, targeting up to 5 million tonnes per year and positioning Albania as a regional energy gateway linked to TAP, the Ionian Adriatic Pipeline and the Fier–Vlorë corridor. Housing & Construction: Prime Minister Edi Rama unveiled a National Housing Program built around social rental housing, using tools like direct market purchases, conversion of state/confiscated properties, rent subsidies and public-private partnerships. Public Works: The Albanian Development Fund launched a tender for renovating Tirana’s Mother Teresa Square and adding an underground parking facility worth about €22.6m, with bids due Oct 9. Port/Environment: Work has started on an €85m EU-backed wastewater upgrade in Durrës, adding 113 km of sewer lines and about 13,000 new connections. Corruption Watch: SPAK seized a villa in Palasë tied to former deputy PM Belinda Balluku, alleging asset concealment via former footballer Igli Tare and benefits linked to a Tirana road tender. Industry Policy: A “Made in Albania” law draft is nearing public consultation, aiming to support local producers and exports and prepare firms for EU market rules. Macroeconomy: INSTAT reported August inflation at 3.2%, with transport and food among the biggest drivers. Energy Prices: Fuel price rises are estimated to have cost Albanian drivers about €80m extra between March and July, while the state collected roughly €18m more in taxes. Security & Trade: Police seized 107.7kg of cannabis hidden in a camper shipped from Canada to Durrës, with suspects sought.
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