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State Minister, Mazniku: The Number of Businesses in Elbasan’s Economic Zone Expected to Double

Arbjan Mazniku, the Minister of State for Local Government, emphasized the transformative potential of strategic investments in Elbasan, positioning the city as a future economic development hub. Speaking at a discussion with local businesses on the “Fiscal Peace,” Mazniku highlighted the success of the Elbasan economic zone, which currently hosts 11 companies employing approximately 200 people. This zone serves as a model of successful collaboration between the public and private sectors, driving foreign investment and job creation.

Mazniku also pointed to key infrastructure projects underway in Elbasan, such as the Lekaj-Elbasan road, the Elbasan bypass, and the Krasta-Qafë Thana road, as well as a new railway project. These developments are set to enhance Elbasan’s role as a central economic hub.

The Metalurgical Zone, with its significant production capacity, is expected to experience substantial growth over the next 5-6 years, with business activity in both the Economic and Metallurgical Zones expected to double. This growth will have a major impact on local employment and the national economy. Mazniku noted that while Elbasan contributes 7% to the country’s GDP, 5% of national production comes from its Economic and Metallurgical Zones, underscoring their importance to Albania’s broader economic landscape.

/a.p./

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RTI