Skip to main content

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

  • Uruguay’s transport investment is seeing major gains
    August 1, 2017
    Uruguay’s road development programme will help deliver economic growth for the future - Gordon Feller reports. Uruguay is embarking on a new nationwide programme to rehabilitate 890km of roads, and the government intends to improve an additional 260km of dangerous highways and roads. This three-year programme aims to reduce traffic accidents, in part thanks to a US$70 million loan recently authorised by the World Bank’s board of directors. The new operation uses a special financing instrument known as “Prog
  • New Tajikistan highway project to start
    April 21, 2021
    A new highway project is planned for Tajikistan.
  • Costa Rica road upgrade will cost
    September 20, 2021
    A key Costa Rica road upgrade will be costly.
  • Thai future?
    February 7, 2012
    Thailand is working on plans for the southern landbridge project. This huge project has faced delays due in part to finance issues as it is expected to cost some US$21.1 billion.