Back to top

Tirana

The New Bazaar/Avni Rustemi Square area of Tirana is a symbol of traditional urban life of the city, and a destination of commercial value. The area houses more than 15 sites of cultural heritage protected by law, which used to be hidden under rundown facades, obsolete infrastructure, and a generally unappealing commercial space. The New Bazar is nowadays a perfect destination for a natural pedestrian mall and tourism destination, where private businesses and public representation are being formed under the TID/BID model. The AADF partnered with the Government of Albania (Ministry of Culture and Ministry of Urban Development), Municipality of Tirana and the local business community to revitalize the New Bazaar/Avni Rustemi Square of Tirana. The bazaar has become one of the main tourist attractions of the capital. The restauration portion was completed by March 2017. The Foundation is also supporting businesses operating in the area with advisory services as well as small grants in order to improve their efficiency and make the best use of the new opportunities. TID Tirana, the businesses association which oversees the daily management of the area, is founded in March 2017 in partnership with the Municipality of Tirana and local businesses.

Latest Updates View All Project News

  • 07.09.2018

    “The Artisanal Fair” at the New Bazaar

    “The Artisanal Fair” at the New Bazaar

    On July 6th & 7th, the New Bazaar hosted a handful of artisan craftsmen from all over Albania to exhibit their artisanal products. “The Artisanal Fair” was organized and designed by the TID Tirana association and the Social Business Enterprise (NBS), which hosts artisans at the Albanian Bazaar bi-monthly. A festive ceremony was organized to celebrate the “Best Renewal Project for 2018″ award by the Emerging Europe Awards for the New Bazaar project, during the month of June in London, England. The ceremony was attended by Martin Mata AADF Co-CEO and Erion Veliaj Mayor of Tirana who held a greeting speech. The Pyramid of Tirana will be the next investment and bilateral cooperation, but in another form of transformation.

    Detailed description

  • 06.25.2018

    Tirana’s “New Bazaar” won the price as the Best Renewal Project for 2018

    Tirana’s “New Bazaar” won the price as the Best Renewal Project for 2018

    Tirana’s “New Bazaar”, a year after its inauguration, won the price as the Best Renewal Project for 2018. The project was awarded in London on 22th June by Emerging Europe Awards, an initiative that appraises the best practices in Eastern European countries. The jury rewarded the transformation of the Bazaar into the newest tourist destination: with public spaces, businesses, bars and restaurants, frequented by everyone in every hour of the day, without losing the traditional old elements. This project, implemented by AADF and Municipality of Tirana, won among 10 candidates from Bulgaria, Poland, Slovenia, Ukraine etc. Among the other nominees, there is another investment project of AADF: The Old Bazaar in Korça.

    Detailed description

  • 04.26.2018

    Maintaining the facades of the New Bazaar in Tirana

    Maintaining the facades of the New Bazaar in Tirana

    AADF fulfilling its obligations to the Albanian business community and the citizens of Tirana!

    Detailed description

  • 12.11.2017

    TID Tirana – Lighting ceremony

    TID Tirana – Lighting ceremony

    On Friday, December 7th, at 18:00, TID Tirana lit the end of year lights in the New Bazaar area and Luigj Gurakuqi Street. Mr. En Muci, chairman of TID Tirana board, thanked in his greetings speech Tirana Municipality and the Albanian-American Development Foundation for their contribution so far, without which the businesses of the area would not have been organized to improve and decorate the area. Mr. Erion Veliaj, Mayor of Tirana Municipality, thanked the AADF regarding its contribution in TID Tirana project. The Albanian-American Development Foundation co-financed the decoration of TID Tirana area for the end of year festivities.

    Detailed description

  • 04.10.2017

    Fair “Dibra and Mati days in Tirana” at Tirana New Bazaar

    Fair “Dibra and Mati days in Tirana” at Tirana New Bazaar

    Fair “Dibra and Mati days in Tirana” was another activity organized in the Creative Square at Tirana New Bazaar on 8-9 April 2017. The tradition and cultural heritage, preserved by the citizens of Dibra, is a great national asset, so the AADF was one of the biggest co-financers of this activity.

    Mr. Martin Mata, AADF Co-CEO, awarded the grand regional prize to the young Klevi Hakorja from Dibra Municipality, part of the competition “Show the beauty of your homeland” organized by the Municipalities of Diber, Bulqiza and Mat.

    The young people competed with their pictures in all categories of the competition, such as tourist attractions and villages with spring landscapes. With pictures of the competitors will be held an exhibition in cities of Pershkopi and Bulqiza. These pictures will be used to promote the development of tourism in Dibra region, at the websites, promotional brochures, etc.

    Detailed description

  • 03.14.2017

    Tirana New Bazaar Inauguration

    Tirana New Bazaar Inauguration

    14 March 2017 is a special day for the Albanian-American Development Foundation (AADF), for many citizens of Tirana and the business community in the New Bazaar area.

    The challenge launched 5 years ago, was concluded today with the inauguration of the renovated complex of New Bazaar with all contemporary infrastructure.

    Despite the initial skepticism, the New Bazaar is an ambitious project with an overall commitment of $3 million from the Albanian-American Development Foundation and a contribution of $2.5 million from the Tirana Municipality in cooperation with the Albanian Government in reconstruction work. Meanwhile, the private investment by the business owners has exceeded up to $4 million so far.

    AADF commitment and investment in New Bazaar will continue with the establishment of the Tourism Improvement District – TID Tirana, a successful model implemented by the Foundation in several cities in Albania. The Foundation will support local businesses of the area in the creation of the business association as well as provide grants to businesses in the TID area.

    AADF has contracted The Means in conducting the design of the business management plan for TID Tirana. The Means is a British company with extensive experience in the management of Business Improvement Districts and Tourism Improvement Districts. Currently the Means, manages Borough Market, one of the most visited places in London with over 12 million visitors annually.

    Successful administration of these areas go beyond regulation and infrastructure maintenance. They create communities, increase safety in the area, enable growth of business activity, increase property value and make them more attractive for tourists.

    This project marks an inspiring and transformative intervention that Tirana has seen in the last 25 years.

    Detailed description

  • 03.12.2017

    Work Inspection in TID Tirana New Bazaar

    Work Inspection in TID Tirana New Bazaar

    The AADF Co-Directors, Martin Mata and Aleksander Sarapuli, as well as Tirana Mayor Erion Veliaj, inspected the latest construction works at New Bazaar, two days before its inauguration on 14th March. AADF has committed $ 3 million in this ambitious project, which marks the most inspiring and transformative intervention that Tirana has ever seen in the last 25 years.

    Detailed description

  • 03.01.2017

    Working progress in TID Tirana New Bazaar

  • 02.21.2017

    Working progress in TID Tirana New Bazaar

  • 12.06.2016

    Board Meetings TID Tirana

    Board Meetings TID Tirana

    On November 25th and December 5th 2016, AAD organized the board meetings with the Business steering committee of Tirana Bazaar. In these meetings participated representatives of the businesses in Tirana Bazaar and the surrounding areas. The steering committee members were informed by AADF about the role that the organization has in promoting and improving the area.  Moreover, the draft of the Articles of Associations of the Tirana Bazaar Business organization was discussed in this meeting.

    Detailed description