Limak looks for new projects in Albania


September 29, 2016







September 29, 2016






After the commissioning of a 73 MW hydropower and dam system Banja, Nihat Özdemir, board chairman of Limak Group, said this week that the Turkish company seeks other investment possibilities in Albania, as a developing economy and a candidate for membership in the European Union. He added Banja plant would start generating electrical energy soon.

The group accelerated the construction of the 185 MW Moglicë dam and hydroelectric station, also for Norwegian Statkraft AS, Özdemir told Anadolu Agency’s Energy News Terminal.

“Limak Group regards Balkans as a very important region… Also, we will introduce a significant investment which will include the construction of residences and shopping mall in Skopje, Macedonia”, he underscored. Limak Group also distributes power in Kosovo* and it constructed the Prishtina International Airport.

Banja dam and hydropower plant were launched on Friday with Albania’s Prime Minister Edi Rama present at the ceremony.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.

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