According to VLEN, sustainable economic development is predicated on the implementation of concrete policies rather than mere assurances. The organization emphasized that tangible measures are necessary to bolster businesses, encourage necessary investments, and facilitate job creation. In this context, the Minister of Economy and Labor, Besar Durmishi, issued a call to all companies that qualify under the Law on Financial Support for Investments.
The Minister urged these entities to apply for and utilize the financial support offered by the state before the established deadline. The law provides a structured framework designed to offer financial support for various corporate needs. Specifically, the support can be directed toward investments in establishing new production capacities, acquiring modern equipment, and adopting advanced technology.
Furthermore, the provisions assist in the creation of new employment opportunities and fund crucial research and development projects. These multifaceted measures are strategically designed to achieve two primary economic goals: strengthening the overall competitiveness of private enterprises and fostering the growth of a more robust national economy. VLEN reports that the availability of this state support mechanism aims to de-risk corporate expansion and encourage significant private sector investments across key industrial sectors.
Topics: #support #vlen #investments
It seems VLEN is advocating for specific policy actions to stimulate business growth and job creation.
What specific policies does VLEN recommend to support businesses and stimulate economic growth?