The cooperation in the development of Naval Military Industry between Albania and Italy increases significantly

Published: Tuesday, 08 April 2025 12:15

FINCANTIERI and KAYO, have signed a Memorandum of Understanding (MoU) aimed at establishing a strategic collaboration and joint venture to promote the development of the shipbuilding and naval industry in Albania.

The agreement was signed in Durres at the presence of the Prime Minister of Albania, Edi Rama, the Albanian Minister of Defense, Pirro Vengu, and of the Italian Minister of Defense, Guido Crosetto.

It was also signed the Letter of Intent for the donation of the military patrol vessel "Libra" by the Commanders of the Naval Forces of Albania, and the Naval Forces of Italy.