Albania: Business Environment Reform and Institutional Strengthening Project

October 26, 2006

IBRD LOAN: US$5.6 million
TERMS: Grace period = 4 years; Maturity = 17 years
IDA CREDIT: US$3.7 million
TERMS: Grace period = 10 years; Maturity = 20 years
PROJECT DESCRIPTION: The main objective of this project is to support the Government’s efforts to strengthen the public sector’s capacity to improve the business environment to attract investments and foster exports. By the time the project is completed, it is expected that the costs, the amount of time, and the number of steps necessary will be reduced in order for businesses to comply with regulations affecting business entry and operations.

Media Contacts
Miriam Van Dyck
Tel : (202) 458-2931