Financial Instruments for Land Development
Infrastructure is a pre-condition for most economic opportunities, a high quality of life, and sustainable patterns of urban development. According to the European Commission, the typical member nation of the European Union has seven times more kilometers of roads per 100.000 residents than Albania and more than three times more rail lines. Moreover, Albania invests only 25% of what is required to maintain current infrastructure.
Political and fiscal decentralization, territorial reform, shifting demographics, and growing community demands are increasing pressure on local government authorities in Albania to increase investment in infrastructure. However, increased pressure is not matched by increased income, and local governments are seriously under-resourced and hence unable to meet the demand for basic services and infrastructure.
You can download the report here: Financial Instruments for Land Development