Durana Tech Park officially opened on Wednesday, awarding certificates to its first resident companies in a move hailed as a milestone in Albania’s technology sector.
Prime Minister Edi Rama, attending the event, described the certification as the first tangible result of what was once seen as an ambitious vision. He highlighted strong interest from foreign companies across multiple countries, as well as academic institutions looking to join the initiative.
“What is a pleasant surprise is not just the number of foreign companies or the diversity of their origins—from the United States to Estonia, Germany to Asia—but the significant interest from academic institutions,” Rama said.
He emphasized that the government’s goal is not only to attract foreign companies but also to engage Albanian talent. Rama noted that several startups have evolved into established firms and are now part of the park.
The prime minister also revealed that three prominent Italian universities are in the process of joining the park, with additional interest from other academic institutions. “This requires us to review the regulatory framework to ensure universities can integrate into this digital ecosystem,” he added.
Durana Tech Park aims to foster innovation and attract both foreign and domestic investment by supporting small and medium-sized enterprises. Positioned as a hub for research, innovation, and technology production, it seeks to cultivate a skilled workforce and drive economic growth.
The park offers a competitive tax regime, including 0% VAT and 0% corporate profit tax for resident companies. Employees benefit from a 0% personal income tax rate for 10 years, while social and health insurance contributions are capped at €95 per month, a significant reduction in labor costs compared to regional standards.
Strategically located in Xhafzotaj, the park is 15 minutes from the Port of Durres, Albania’s largest maritime hub, and 20 minutes from Tirana International Airport. It also provides access to the country’s largest labor market, encompassing Tirana and Durres, where 75% of Albania’s higher education institutions and research centers are based.
Spanning 26 hectares, the park is divided into three separate but closely situated sections. Authorities say this layout will enable flexible expansion and development as more companies and institutions join the initiative.
