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Photo Credit: USAID Albania
 
A panel of U.S. and European investors shared experiences and best practices with Albanian counterparts on privatization efforts in other countries at a USAID-sponsored workshop. Over the next two years, USAID will assist with the privatization of the distribution system of Albania's state-owned utility company, KESH.

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Albania Distribution Privatization Program

Duration: August 2007-August 2009

Partners: Advanced Engineering Associates International, Inc. (AEAI)

Geographic Focus: None

Program Description:
The Albanian electric power sector has suffered from the lack of investment, poor maintenance, and limited capacity for imports. These problems are exacerbated by the inefficient management of the state-owned power utility (KESH), which is in a desperate financial situation, unable to reduce losses and improve collections. The resulting lack of a reliable and adequate supply of electricity has adversely affected Albania's economic growth. To address this prolonged energy crisis, the Government of Albania, with strong support from the donors, has decided to move forward with the privatization of KESH's distribution assets. USAID’s Distribution and Privatization Support Program will assist the GoA, particularly the Ministry of Economy, Trade, and Energy, in this effort by developing the necessary legal, regulatory policy, and market frameworks for privatization and building the capacity of the Electricity Regulatory Entity (ERE) to serve as a transparent regulatory body independent of state control.


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Last Updated on: January 09, 2008
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