Business For Sale Albania | Business For Sale Listings
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Get to Know About Albania
Albania is a small but well-developed country located in Europe’s Southeastern side. During recent years, the economy of Albania has grown very well because of the progressive reforms undertaken by the government. The country has shown an increase in foreign direct investment, and the GDP is also increasing at a very good rate. Thus, doing business in Albania is going to be fruitful to you.
Agriculture forms a major part of Albania’s economy. Fishing is also an industry that has a great scope for business. Other sectors that are developing here include textiles, electronics, mining, and food, to name a few. Oil and natural gas resources are also plentiful here. Banking, as well as tourism industries, are also flourishing in Albania.
Among the prime reasons for investing here are Albania’s strategic location and a well-developed telecommunications network. There is also a benefit of readily available skilled and educated labor as the majority of the population is young and literate. The Albania government’s policies are very favorable for investors, and also, the overall labor cost is much less when compared to other nations.
Challenges in Albania include corruption as well as slow functioning of the public sector undertakings. Infrastructure is another area that could do with further improvement. Other disadvantages include a judicial system that is not very strong and also a not so favorable taxing system.