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Lluka: Kosovo has a very favorable fiscal system for businesses

The Minister of Economic Development, Valdrin Lluka, during a meeting today with a delegation of American businesses, stated that Kosovo has a very favorable fiscal system for businesses and is a connecting center in Europe and that the World Bank has rated it as the second place in the region in the report of doing business.

of businesses from the United States of America consisted of the consul of Kosovo in the US, Teuta Sahatqija, Ani Zeldan, chief executive officer of Quantum Media Group, founder of Partners in Digital Health, Tory Cenaj, lawyer Nelson Happy and journalist from The Washington Diplomat, Larry Luxner, who were interested in the climate of doing business in Kosovo and about projects in the ICT and energy sectors.

Minister Lluka said that the ICT sector is the only sector in Kosovo that has a positive trade balance and it is the sector that has enabled the country's youth to work for the countries of the European Union and beyond, it is the sector in which there are projects of different and from which they generate jobs.

"The information technology sector is the sector that has a positive trade balance and it is the sector in which local companies perform 'outsource' services for companies in Europe, the USA and beyond and it is the sector in which the brain does not leave the country. The Kosovo Digital Economy Project (KODE), in which project with the help of the World Bank, 25 million euros will be invested for the extension of the Internet network infrastructure in 96% of the territory of Kosovo with a special aim in rural areas, said Minister Lluka .

The head of MZHE informed the business delegation from the USA about "Tech Park Prishtina" and "Training and Innovation Park" in Prizren, where it is planned to create training centers and centers of digital excellence in which businesses and young people will be trained. of the country.

The representatives of the delegation were also interested in the energy sector, developments and projects that are underway.

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Minister Lluka said that Kosovo aims to improve the state of electricity supply, and this is proven by the fact of signing the agreement with the company "Countur Global" for the construction of the thermal power plant "Kosova e Re", as well as about the ways of generating energy from waste.

In the end, the representatives of businesses from the USA thanked Minister Lluka for the information provided and said that they will remain in contact in order to be informed in more detail about the sectors covered by the Ministry of Economic Development in order to see the opportunities for future investments.