Albania became a member of IFC in 1991. As of December 2008 IFC has committed nearly $224 million of its own funds in the country and has arranged over $8 million in syndications. IFC's investments have financed projects in financial markets, information technology, oil and gas, and general manufacturing sectors. In July 2005, IFC opened the new facility to provide advisory services in Southern Europe. Advisory program in Albania is divided in four business lines: valued addition to firms; business enabling environment; access to finance; and infrastructure advisory operations. More on advisory projects in Albania… |