Abstract

The objective of this article is to examine the long-term impact of foreign direct investment (FDI) on the garment industry in Albania. The main methods used were analysis, forecasting, and abstraction. The qualitative impact of FDI on the garment industry in Albania was examined. The benefits that Albania receives from actively attracting investments were described, and recommendations were given to improve the quality of clothing production in the country by foreign companies. This article presents an analysis of the evolution of foreign clothing companies in Albania, based on a series of data sources that provide qualitative and quantitative information on the country’s clothing industry. A vision of the qualitative impact of foreign direct investment and industrial advances is presented. The study showed that the Albanian government is actively attracting foreign direct investment to develop the clothing industry, recognizing its potential as a catalyst for economic growth. The country’s trade policy has been aligned with World Trade Organization standards and there are incentives within the sector to develop such enterprises.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.