Particularly over the last decade, Albania has seen a number of PPP projects being implemented, most of them in the energy sector; for example, the Ashta hydropower plant on whose development the International Finance Corporation (IFC) advised. Given, however, that the country’s overall capacity and readiness to carry out PPPs has been assessed as only slightly above average (Source: Infrascope for Central and Eastern Europe 2012, The Economist Intelligence Unit), there is an apparent need to further build up and strengthen its institutional and implementation ability vis-à-vis PPPs. To this end, the Government of Albania is now focused on the further streamlining of its legal and regulatory PPP framework as one area of reform.
In February, a joint team from the World Bank and the IFC therefore participated in a review of the country’s current PPP legislation as well as the changes proposed to it, and organized a workshop for the Government of Albania. The latter focused on the institutional and legal/regulatory context essential for carrying out PPPs. Two colleagues and I represented the World Bank’s PPP group during our visit.