Looking for private partner for “Development of VOID Tower” project

1.   The Albanian Investment Corporation, here "Corporate" is a joint-stock commercial company entirely owned by the state, with the Ministry responsible for the economy of the Republic of Albania as its sole shareholder. 

2.    The Corporation develops the investment project "Development and management of state buildings", part of which is the sub-project "Construction and management of the Government Cluster", through the legal instrument of entreprise related to two state properties, the property for development with entreprise and the property for public development. 

3.     The investment project aims to transform old state spaces and buildings that currently show signs of depreciation, degradation and outdated, non-contemporary infrastructure and where the existing conditions indicate the need to improve the quality of the properties. The public interest pursued by the investment project consists in improving the working conditions of public officials, as well as in energizing the city by bringing about the development of the urban areas where the properties are located. The project is realized through a partnership model, where the Corporation has the role of developer and mediator between the public institution that has an interest in developing its properties and benefiting from contemporary buildings and the private partner that possesses financial, human resources and executive capacities and has an interest in realizing investment project. 

4.     The private partner ensures the profitability of the investment made by avoiding any bureaucracy and uncertainty regarding the status of the property (certified state property), in obtaining permits (the Corporation has applied for obtaining a development permit from the KKT on architectural project ideas both facilities), as well as in any relationship with public authorities, but he also in cooperation with the Corporation help to realize the public purpose of this investment project.