Page 238 - MOE ENGLISH PR REPORT- NOVEMBER 2024

11/27/24, 2:11 PM UAE and Albania launch inaugural Joint Economic Committee
Discussions during the meeting centered on advancing joint projects in renewable

energy, logistics, infrastructure, and agriculture. The UAE’s Masdar and Albania’s

KESH announced plans to collaborate on clean energy projects, targeting up to 3

gigawatts of solar and wind capacity, with an initial 100-megawatt solar plant set

to launch soon.

In logistics, both sides committed to exploring opportunities to enhance

connectivity, with a focus on strategic transport projects, including the Durres-

Pristina railway line, which will streamline trade routes across the Western

Balkans.

Efforts to bolster tourism were also a key focus, with plans to increase cross-

border travel and investment in hospitality infrastructure.

Upon conclusion of the JEC meeting, Al Zeyoudi and the UAE private sector

delegation participated in a networking session with Laura Saro, General Director

of the Albanian Investment Development Agency (AIDA), and the agency’s

business community members to further explore potential areas of collaboration

to expand and strengthen business ties between the two nations.

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