"There is no project for Zvërnec yet" - Ibrahimaj: Every investment will be subject to EU standards
The Minister of Economy and Innovation, Delina Ibrahimaj, stated that the Albanian government supports the development of the tourism project in the Zvërnec area, but emphasized that so far there is no final project and that each proposal will be evaluated based on environmental standards and applicable legislation.
In a statement to the media after the Council of Ministers meeting, Ibrahimaj announced that the work is currently in the study and design phase, involving architects, environmental impact specialists and landscape experts.
According to her, the government does not yet have a final project for the development of the area, while any proposal that will be presented will be subject to a full analysis by the responsible institutions and the environmental impact assessment process.
The Minister emphasized that the development of the project will only be allowed if all European Union standards for environmental protection are respected, recalling that Albania is in the process of accession negotiations and is harmonizing its legislation with the European acquis.
Ibrahimaj added that the government aims to attract strategic investments that, in addition to the economic impact, bring new standards to the tourism sector and improve Albania's image as a tourist destination.
Commenting on the previously mentioned value of 4 billion euros regarding the investment, the minister explained that it belonged to a previous project, which was not approved by the National Council for Territory and Water, as it did not meet the criteria for construction intensity and environmental protection.
She emphasized that it is currently not possible to determine the value of the investment that may be made in the future, as there is still no final project.
In conclusion, Ibrahimaj underlined that nature conservation remains a priority for both the government and potential investors, emphasizing that the natural values of Zvërnec are the main reason that make the area attractive for the development of quality tourism.
Ibrahimaj: A package of 9 laws for the harmonization of Albanian business with the EU will be approved within July
The Minister of Economy and Innovation, Delina Ibrahimaj, announced that the Council of Ministers has approved three new draft laws related to the European......
Energy losses in the network decrease slightly - ERE: In the period January-April, the level reached 16.57%, 0.43% less than last year
Losses in the electricity distribution network continued their downward trend during the first quarter of 2026, falling to 16.57%, the lowest level reported......
Albanians, increasingly online/ Strong digital infrastructure, but the challenge remains affordability
Albania is increasingly consolidating its position in the digital era, according to the latest Mobile Connectivity Index assessment by GSMA Intelligence,......
New 35 kV Kavajë–Rrogozhinë/OSSH line, investment of almost 300 million lekë. Aiming for more secure supply
The High Voltage Directorate of OSSH sh.a has announced the procurement procedure for the construction of the new 35 kV Kavajë–Rrogozhinë line. According to......
Hormuz, 80 mines must be cleared - Then normal shipping will resume
The center of the Strait of Hormuz is blocked by about 80 mines that will need to be cleared before normal shipping can resume, the independent trade body of......
How did this week end for the major currencies?
The US dollar, after continuous fluctuations throughout this week, has closed this period positively, registering an increase this Friday as it was bought......
US launches trade investigation against Germany - Washington accuses Berlin of too low prices for new drugs
The United States has launched a trade investigation into Germany's drug pricing policies. Washington says it wants to examine whether innovative drugs are......
The functioning of the Transparency Board is suspended/ Ibrahimaj: Fuel prices have stabilized
The Minister of Economy and Innovation, Delina Ibrahimaj, announced today that the government has decided to terminate the functioning of the Fuel Transparency......
