Diaspora key partner for economic development and innovation at Diaspora Summit

TIRANA, April 14 – Economy and Innovation Minister Delina Ibrahimaj said Albania stands at an important stage of economic growth during the Fourth Diaspora Summit in Tirana. She also said the country still holds significant untapped potential.

At a panel on “Diaspora, partner in business and innovation”, she said rising investment has supported economic expansion. In addition, she underlined the role of diaspora contributions in sustaining that growth.

She also said a structured work plan should deliver more concrete results at the next summit. This approach, she added, aims to improve outcomes compared with previous years.

Ibrahimaj then pointed to innovation and startups as a key policy area. She said diaspora participation started from zero in earlier calls. Later, she noted gradual growth in applications.

In the second call, five diaspora startups applied. The following year, applications rose to 35 from the diaspora and the region. This year, the figure reached 70 applicants, she said.

Although the numbers remain modest, she described the trend as significant and steadily rising. She linked this increase to growing engagement with Albania’s innovation ecosystem.

She also said the government created a dedicated innovation fund for the diaspora. The fund aims to attract capital and expertise. It also supports international expansion of Albanian businesses.

Turning to tourism, she said the sector has grown rapidly in recent years. She linked this growth to policy reforms and a more supportive investment environment.

She also identified energy as a priority sector for future investment. She said Albania seeks foreign and diaspora investment in renewable and green energy projects.

The panel, organised under the Ministry of Economy and Innovation, focused on diaspora potential. It highlighted economic development, knowledge transfer, and innovation as key areas of cooperation.

/a.p./

The post Diaspora key partner for economic development and innovation at Diaspora Summit appeared first on RTSH English.

Original post Here

News
Minister Demo urges diaspora investment in Albania’s regional development

Minister of State for Local Government Ervin Demo said the diaspora can become a key driver of change in Albania through investment. He made the statement during the fourth Albanian Diaspora Summit in Tirana. Demo said authorities should not view relations with the diaspora only through remittances. He said the …

News
105 years since the birth of beloved Albanian actor Pandi Raidhi

Albania marks 105 years since the birth of actor Pandi Raidhi. He remains one of the most beloved figures of Albanian theatre and cinema. He died in Tirana in 1999. Raidhi co-founded the Professional Estrada of Korça. He also helped establish the “Andon Zako Çajupi” Theatre. He made his film …

News
Albania and Kosovo strengthen coordination on national interests and diaspora role

Foreign Minister Ferit Hoxha met Kosovo Deputy Prime Minister and Foreign Minister Glauk Konjufca in Tirana during the fourth Albanian Diaspora Summit. Both leaders emphasized stronger cooperation between Albania and Kosovo. They highlighted the Albanian diaspora as a key asset for national development. Hoxha said the diaspora connects the nation …