Albania tackles highway costs

The Albanian Government has reduced its estimate for the cost of the new road link between capital Tirana and Elbasan. This $110 million reduction sees the project now costing an expected $290 million, instead of the $400 million originally forecast.
March 23, 2012 Read time: 1 min
The Albanian Government has reduced its estimate for the cost of the new road link between capital Tirana and Elbasan. This $110 million reduction sees the project now costing an expected $290 million, instead of the $400 million originally forecast. The highway is being financed jointly by Albania and the 4216 Abu Dhabi Fund for Development.

For more information on companies in this article

Related Content

  • Brazilian highway projects face funding issues
    December 10, 2014
    In Brazil financing issues have hit a number of transport projects in Minas Gerais state. The Banco do Brasil is holding back funds for planned work. As a result the state government of Minas Gerais has halted work on 32 construction projects. The Banco do Brasil has not provided the expected US$345.86 million for the work to be carried out. The finances were arranged by the central government through its funding programmes. The projects include a section of the MG-437 road between Sabara and Nova Lima. The
    Read More
  • Tajikistan tunnel construction work
    April 17, 2020
    Work is resuming on the Istiqlol Tunnel in Tajikistan.
    Read More
  • Planned Papua New Guinea highway project
    July 24, 2020
    The cost of a planned Papua New Guinea highway project has been revealed.
    Read More
  • Bosnia-Croatia link discussed
    July 13, 2012
    Bosnia and Croatia are looking to discuss a new highway construction project to link the two countries. The Adriatic-Ionic section of the Corridor VC motorway looks likely to pass through Bosnia. The plan is to build a total of 110km of roads, out of the planned 336km on the Corridor VC, by 2012.
    Read More

Highlighted Content