Economy
The city of Tirana is the economy heartland of Tirana County and the nation of Albania and is a major industrial centre. It has experienced rapid growth and established many new industries since the 1920s. The principal industries include agricultural products and machinery, textiles, pharmaceuticals, and metal products. It contains many of the important businesses and institutions including the Tirana Stock Exchange and the Tirana Bank, both of which have grown in productivity since 1996.
The TID tower at 85 meters is being constructed in the city. Tirana has several extensive shopping huge malls, such as City Park at 3 km² and the QTU Shopping Centre, located to the northwest of Tirana on the road to Durrës.
A partnership was instituted under USAID funding between the Tirana City and Catawba County of North Carolina (USA), which was extended in two phases between 2000–2004 and 2005–2007 for planning and implementing several management and development measures in Tirana, with expertise provided by the Catawba County. The improvements in the urban conglomerate covered wide disciplines of proper municipal budgeting and revenue generation, improvement of urban environment, particularly solid waste collection and management involving private sector participation for land fill operations of the Sharra landfill and improving infrastructure assets to match with growing urbanization of Tirana.
Read more about this topic: Tirana County
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)