Albania: Competitive Procedures on Technological and Economic Development Zone by Dr Lorenc Gordani | Thursday, August 27, 2015AEI Updates August 2015Posted by Adv. Lorenc Gordani, PhD Thu, August 27, 2015 11:55:53
Albania is seeking for private sector developers to obtain, develop and operate three fully serviced areas, located in Koplik, Spitalla and Vlora, as newly created Technical and Economic Development Areas (TEDAs). The GoA invites in an early stage in begin of May 2015 all the interested developers to engage within non-binding dialogue ahead of a potential tender process. Following above initiative, lastly, on August 26, 2015, the Ministry of Economic Development, Tourism, Trade and Entrepreneurship announced the open of competitive procedure for the construction, development, maintenance and operation in the Spitalla Technological and Economic Development Zone, in Durres city.
The announcement for the launch of the competitive procedure has been published in the international magazine Financial Times and will be republished in the two upcoming issues on August 27 and August 28, 2015. The duration of the contract or terms of execution in years will be 99 years. In the announcement, it is specified that the bidder must submit the Bid Security Form and the demanded value of Bid Security 15 ALL million within the October 28th, 2015.
The duration of bids’ validity is 150 days. As regards of selection criteria for the winning bids, the selection will be made by giving points for certain aspects of the bid, where the highest points are 100. More in detail, 50 points are given for the financial capacity and the capability to finance the project (the business plan), 20 points for the technical proposal for the construction of the zone, 16 points for the social impact, 8 points for the predicted deadline of investment’s finalization and 6 points for the environmental impact.
Spitalla free economic zone is situated nearby the Port of Durres, the biggest and the most important port in Albania, near to the second largest city for the economic development in Albania, Durres city, only 30 away from “Mother Theresa” International Airport, 37 km from the Albanian capital, Tirana. The zone situated in the northern part of Durres city has a surface of 501.9 hectares.
This zone has been create with a Decision of Council of Ministers Number 666, Date 29.07.2015 on “Announcement of the Spitalla Technological and Economic Development Zone, Durres”. An initiative that seeks to create world-class technical and economic development areas (TEDAs) also in Koplik (Shkoder district, approx. 61 ha) and Vlora (Vlore district, approx. 230 ha). As currently, envisioned, future developers will be offered exclusive development and operator rights on these properties, through a long-term lease.
All three areas are in close proximity to a skilled labour force, educational institutions, and city centres with sizeable populations. Developers and investors will benefit from Albania’s competitive, educated and multi-lingual labour force, as well as recent reforms that have improved the country’s business climate and competitiveness. These include steps to strengthen the conditions for investment and improve business and transportation linkages, especially in Europe. Then, in the end can be say that these initiatives will make definitely Albania an exciting venue to work in the entire region!
Note: The here communication came within the framework of the preparation of the analytic report, about Energy Market and Investments Opportunities in Albania and the WBs, to be release in the shortly upcoming period by ACERC. In cases of interest to the directly cooperation as author with analyses or for any kind of involvement or support as well as a partner, contact us at the email@example.com. For more keep update with the EU & WBs / Albania Energy Investments Updates or visit the Official Page of ACERC.