Boosting the Kosovar economy in Prizren

Context

Kosovo’s economy has made considerable progress in recent years. Following the lifting of COVID restrictions, the economy has shown steady recovery. By 2023, growth had reached between three and four per cent, primarily driven by exports, public investment and domestic demand.

At the same time, the country faces high unemployment and low per capita income, and has the youngest population in Europe. Equal access to economic, social and cultural participation has not yet been secured for all population groups in Kosovo.

The economic situation in Prizren, Kosovo's second-largest city, is similar. Although the tourism industry is growing, other economic sectors are slow in comparison. The companies operating are predominantly micro enterprises, which have so far offered limited employment opportunities. Furthermore, Prizren faces strong competition from the capital Pristina, and this is negatively impacting demographic and economic development.

Objective

The services and solutions of the Innovation and Training Park (ITP) in Prizren are improving business development and business creation in the region.

Approach

The project is developing an innovation and training park in Prizren, located on the site of the former military camp of the NATO-led peacekeeping Kosovo Force (KFOR). The focus is on attracting ICT companies and businesses from the culture and creative industries.

The ITP also provides solutions and space for start-ups and training facilities. The project develops the park's organisational and operational structures, its management system and the necessary advisory services for businesses and training providers. This also includes developing the park’s marketing and communication strategies.

Last update: March 2025