Skip to main content

Albania funding

In Albania the government is giving its approval for an €80million (US$104.4million) loan being provided by the European Investment Bank (EIB). The project is for the Fier bypass, which forms part of the Tirana–Vlora highway. The project has faced a series of delays since work commenced a number of years ago. However, this new funding will help ensure that the work is completed.
June 25, 2012 Read time: 2 mins
In Albania the government is giving its approval for an €80million (US$104.4million) loan being provided by the 1054 European Investment Bank (EIB). The project is for the Fier bypass, which forms part of the Tirana–Vlora highway. The project has faced a series of delays since work commenced a number of years ago. However, this new funding will help ensure that the work is completed.

Meanwhile, the first ever Albanian Congress on Roads will be held later this year in Tirana. The two-day event hosted by the 5319 Albanian Association of Consulting Engineers (AACE) in cooperation with the Albanian Builders Association (SHNSH), Albanian Geo-Technical Association (AAGeo) and the Albanian Association of Geodesy (AAG) is being backed by, among others, the country’s Ministry of Public Works and Transports. Organisers of the Congress say Albania has improved and upgraded road network during the past two decades, mainly through programmes funded by major international funding agencies, the Albanian Government and bi-lateral financing schemes or grants. Now the country, like most others in the region, is said to be working to meet the challenge of developing a road management and maintenance strategy. Intended to be a forum to allow public administration and organisations from different countries, especially from the IRF membership, to exchange ideas on road infrastructure, the 1st Albanian Congress on Roads will be held on September 27th-28th, 2012.

For more information on companies in this article

Related Content

  • ERIC2016 in Leeds, UK: asset management rethink
    November 9, 2016
    From 18th October to 20th October 2016, the European Union Road Federation (ERF), in partnership with the Road Safety markings Association (RSMA) will present the 1st European Road Infrastructure Congress (ERIC2016) in the Royal Armouries Museum in Leeds, UK
  • Georgia's East-West Highway
    February 17, 2012
    One of the most important priorities of the Government of Georgia is the construction and rehabilitation of the East-West Highway in accordance with international standards.
  • Albania prequalifying for bypasses around Vlore and Fier
    October 5, 2017
    Albania is pre-qualifying contractors for two major bypass projects, according to the European Bank for Reconstruction and Development. One is for construction of a 29km bypass of the southern Adriatic port city of Vlore with work expected to take 27 months. Vlore, with a population or around 130,000, is the country’s third largest city.
  • The IRF is planning a key event in Portugal’s capital Lisbon
    March 6, 2012
    Arrangements are proceeding full-speed ahead for what promises to be an exceptional IRF World Meeting from 25-28 May in Lisbon, Portugal. An outstanding technical programme has been finalised, the last remaining exhibition stands are being snapped up and an exhilarating social programme is in place.