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Sold in Albania: Tirana International Airport

Sold in Albania: Tirana International Airport
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Albania , China , Tirana , Tirane , Chinese , Albanian , Friedmann-pacific , Edi-rama , Li-keqiang , Tirana-international-airport-is-albania , China-aircraft-leasing-group-holdings , China-initiative

Albanian company takes on the concession for Tirana Rinas Airport

In Jul-2015 CAPA published a report into ‘Airport investment in Eastern Europe’, with the subtitle ‘Opportunities abound but caution needed amid changing markets’.
In it, Tirana Rinas Airport was described as “a model concession”, and that it could be “considered a success story, somewhat against the odds.”
The text below is taken from that report.
‘The airport company had set itself the goal of steadily optimising operations at the new airport and making it into one of Albania's most up-to-date infrastructure facilities. A new passenger terminal was constructed and inaugurated in 2007.
There were certain risks associated with the project. Albania was still in a state of political and economic transition in 2005. General elections in 2009 and 2013 brought stability through coalition governments and there was a period of economic growth that has since slowed but an open market economy has been established in what was once a closed and centrally planned state. Inward FDI has significantly increased in recent years. Albania has since become a candidate state for EU membership and is a member of NATO. One fly in the ointment is potential exposure to banking sector ties with Italy and, more importantly, Greece.

New-york , United-states , Vlora , Vlore , Albania , Macedonia , China , Italy , Tirana , Tirane , Brussels , Bruxelles-capitale