Transcript MINISTRIA EKONOMISE TREGETISE DHE ENERGJETIKES DREJTORIA …

STRATEGY GUIDELINES
OF
BUSINESS & INVESTMENT DEVELOPMENT (2013-2020)
Tirana, May 29, 2012
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Current situation
Vision, policies and policy’s aim
Policy objectives and products
Costs and financial resources
Monitoring indicators
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Albania is an economy dominated by services. The share contribution of
agriculture sector is 21% of GDP in 2010. The rest of GDP, is covered by
industry approximately 20% and 59% services.
During the last three years 2009-2011, the Albanian economy was
increased with an average estimated at 3.4% of GDP, inflation 2 - 4%.
Unemployment rate has shown decline, reaching 13.3% from 13.5% in
2010.
Exports of goods increased by 23%.
FDI flows in 2010 amounted 793 million Euro. In 2011 Albania attracted
742 million euros, an amount slightly lower than the previous year.
Competitiveness, in the overall ranking for 2011-2012, Albania was
ranked 78/142 with an improvement of 10 places from last year.
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Develop and implement policies that affect the dynamic and
sustainable growth of SMEs, industry and mining sector, in
accordance with the National Strategy for Development and
Integration
Focus: enhancing the competitiveness of entrepreneurship & non
food industry sector.
It is based on the principles of the European Strategy "Europe
2020" (smart, sustainable and inclusive growth).
Support sustainable economic development based on the
development of domestic manufacturing capacity, expansion and
diversification of the export market and increase employment.
It has a horizontal character, which also applies in other sectors of
the economy; part of the priorities identified in this strategy
requires active support from other sectorial policies.
Ensure equal conditions in terms of competition development.
"Development of a dynamic entrepreneurship and a productive industry, able to
respond to the challenges of development and integration, regional and global
competition”; its vision will focused on :
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Continuous improvement of business and investment climate, reducing
administrative barriers and business costs;
Development of a productive industrial and mining sector, capable of
processing raw materials in the country and increasing the added value
through investments and application of new technologies, clean production,
increased professionalism and employment, which stimulates creation of a
competitive industry.
Creating a partnership between government and business regarding the needs
for improved technology, innovation and ability to prepare "skilled
workforce".
Creation of an competitive and dynamic industry, foreign investment, growth
and diversification of exports, and stimulating the creation of new businesses.
The challenge of this strategy is to enable and to guide investments, which
will gradually transform the economic structure to an economy with sectors
and products with more added value.
Improving the Business Climate and Institutional Strengthening
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Establishment of a full system of Regulatory Impact Assessment-RIA.
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Reforming the inspection system in Albania through the
consolidation of the number of inspectorates and enforcement of the
Central Inspectorate.
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Update the registry of Electronic Business Legislation
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Amending and further improvements of laws and regulations that
affect the cost reduction of doing business in Albania.
Work will focus on reducing the days needed for: procedures for starting a
business; obtaining a construction permit; getting electricity; registering
property; getting credit; tax payment, customs procedures for exportimport; enforcing contracts, bankruptcy procedures, etc..
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Maintaining a continuous dialogue with business community.
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Entrepreneurship development; drafting and implementation of
entrepreneurship and lifelong learning strategy; creative economy;
the CSR program; support for start-ups, women in business and
youth, expansion of micro credit in rural and urban areas;
Increasing competitiveness of SMEs and strengthening
technological capacities: establishment of the National
Competitiveness Council , the implementation of the innovation
program; drafting legal framework for the creation of financial
schemes for innovation like voucher, business angels, etc.,
strengthening the BRIC, the establishment of parks and
technological incubators, clusters development, financial support for
innovation etc.
Improve business services
Improve SME lending - the extension of credit guarantee schemes,
the creation of schemes to subsidize bank loan interest, the creation
of venture capital schemes, etc..
Strengthening institutional capacities – AIDA, etc.
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The strategic objective for the industry sector:
Encouraging investment in technology, processing the raw
materials, modernization, diversification and specialization of
industrial products in regional & global markets.
Specific objectives
Manufacturing sector towards value-added products using
raw materials of the country( import substitution).
Use of existing industrial facilities and cheap labor cost in
disadvantaged areas for product development.
Promote and support the industry sector in terms of
innovation, offering new products and services to market.
Enhancing professional capacity and support them in
establishing joint ventures for competitive products.
The strategic objective of exports: Integration in regional
and European markets.
 Promotion of trade mark "Made in Albania“.
 Support for export product’s certification.
 Promoting cooperation between manufacturers will
allow the potential use of "economies of scale“.
 Developing and implementing new credit support
schemes for the development of exports.
 Support to business associations and exporting
companies operating in sector and product base.
 Implementation of an export promotion program with
the support of the Diaspora.
 The disbursement of government funds for
competitiveness, ECGF, etc.
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Increase FDI flows through the completion of privatization process
and through concessions in sectors with competitive advantages.
The increase of FDI flows in specific sectors such as the shoes
&garment industry, sector services and construction materials.
Increasing the flow of investments in the sectors of mining, oil and
gas, agribusiness, tourism and physical infrastructure.
Strengthening the institutional capacities of promotional and
implementing structures of investment promotion/AIDA.
Development of Economic Zones (industrial parks and free zones).
Improving the image of Albania in international markets.
Further Improvement of business climate.
Undertake a study on the possibility of opening two or three
representative offices abroad.
Identification of appropriate investors in Albania of converting 15% 20% of foreign companies targeted as potential investors in Albania;
For the period 2013-2020, is estimated to require a budget of
around 37.207 million ALL.( 266 Mil. EURO)
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20.327 Million ALL or about 55% of the total cost are intend
to implement through project fiches with donors.
The cost planned to be covered by state budget is 6.330
Million ALL or 17% of the total cost.
By private foreign direct investment it is about 10.550
Million ALL or 28% of total cost.
Also the state budget will cover costs related to human
resources, research and development, trainings etc.
Sectors
Innovative
SMEs and
entrepreneu
rship
developme
nt
2013
2014
2015
2016
2017
2018
2019
Cost
Mil.AL
2020 L
990
1024
1443
1958
2554
3117
3980
4240
19306
Export
promotion
FDI
promotion
98
100
105
110
115
120
125
130
903
151
306
615
935
1600
2515
3225
4930
14277
Mining
298
304
313
325
341
358
380
403
2721
1,537
1,734
2,476
3,328
4,610
6,110
7,710
9,703
37,207
Total
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Continuous Improvement of business climate by:
-Reducing the time of opening a business that is 5 days to 1
day in 2013,
-Reducing steps for opening a business from 5 steps to 1 step,
-Reduction of days to obtain construction licenses,
-Improvement of service for online payment of taxes etc..
For SMEs and entrepreneurship:
Creating three (3) technological business incubators, creating 6
new clusters; support of 500 businesses with information and
grants for innovation, creation of program to support 300
women-led businesses through low interest loans; creating
program support of around 1000 new businesses (start up),
through grant funds and low interest loans; creation of grants
fund for the support of 450 creative businesses, especially
those in the field of handicrafts .
Internationalization of SMEs: Support of 350 companies with grants
to increase their competitiveness; support 100 exporting companies
with ECG funds.
-Increase the annual value of exports to 10-15%.
-Maintain export growth rate and reaching to 20-25% of GDP in 2020.
- The increase of exports towards domestic production from export
processing reaching in 2020 in 60% with 40%.
- Establishment and operation of 9 industrial parks and economic
zones.
-Improved service for 210 foreign investors.
-Increased production by 40% at the end of 2020 compared to 2013
-Increased investment by 40% at the end of 2020 compared to 2013
-Increase employment by 47% at the end of 2020 compared to 2013