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Investments in Energy – the Macedonian case
20 pages, pdf
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INVESTMENTS IN ENERGY –– the Macedonian case
Publisher: Analytica, Macedonia
Date: September 2009
Volume: 20 pages, pdf
Description
In Macedonia, investments in the energy sector are a two-folded issue. On one side there is the government’s world-wide investment campaign for attracting new businesses in the country, and on the other side we have old energy capacities, undeveloped infrastructure, weak institutions and an uncoordinated approach to energy investments. The lack of general investment strategy has left Macedonia at the bottom of investments in the SEE; bypassed by the major strategic gas pipelines (like Nabucco, South Stream, TGI), while neighbouring countries are witnessing a boost through investments in their respective energy sectors. In this report, Analytica analyzes the current state of investment in energy capacities in Macedonia and the reality of the investment climate, at the same time offering effective policy measures for prioritization, attraction and management of new investments in energy, which will secure the future of Macedonia’s energy supply.