Austria and Switzerland grant 3 mln euro for development of Albania’s regions

Austria and Switzerland have joined forces to fund a joint project for regional development in Albania to an amount of EUR 3 million.

In his speech, Ambassador of Switzerland Christoph Graf emphasized the impact that this program will have, which is in its third phase.

“This is the reason why the reform for regional development is so important. It aims to promote a more balanced socio-economic development, and of the potential regions. A successful reform will bring improvements in several levels, where the first will be making public financing more safeguarded and transparent. This is a big step for good governance. Secondly, it will make projects even more strategic and will also possibly widen their impact. Thirdly, it will correct imbalances between regions and ultimately improve the living conditions for the communities,” Swiss Ambassador Christoph Graf said.

Urban Development Minister Englantina Gjermeni said that regional development programs are a model that is widely followed around the world, because their impact on reducing the economic gap is visible.

SCAN

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