Cash boost for tourism development in Albania

The tourism sector is traditionally a notable source of income

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Photograph artwork copyright © Travel Gazette.
Photograph artwork copyright © Travel Gazette.

TRAVEL GAZETTE – The travel business in Albania is set to get a boost after the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have pledged to invest 40 million for the development of tourism.

The EBRD and the EU will support financially small and medium-sized enterprises in tourism sector, according to local media.

Albanian Minister of Tourism and Environment Blendi Klosi said tourism development projects will be extended to four main points such as the capital city

Tirana, the Alps, the Adriatic Coast Marina and the South.

Earlier this year a new strategy for the Development of Tourism in Albania was presented, outlining ambitious plans to make revenue from the holiday-sector one of the key-drivers of the economy.

Tourism in Albania is constantly developing. It is characterized by its rich archaeological and cultural heritage dating back to the classical period when Illyrians and Greeks inhabited the region.

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