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Project

Business Environment Reform and Institutional Strengthening in Albania

General Information

Project Summary

The main objective of the Business Environment Reform and Institutional Strengthening in Albania is to support the Government in fostering robust private sector activity and enhanced investment by strengthening the capacity of the public sector to undertake institutional reforms aimed at improving systematically the business environment in an EU-oriented context. These will be achieved through implementing reforms in selected policy areas supported by a parallel operation, the Development Policy Loan planned for Fiscal Year 2007. This will then demonstrate capacity to coordinate and implement reforms, and deliver selected public services in line with EU requirements. The World Bank (WB) estimates the total project cost at US$ 11,000,000. **UPDATE, 31 October 2006:** The World Bank approved this project on October 26, 2006 with a reduced total project cost of US$ 9.8 million.

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