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

  • Delays have hit the Czech Blanka Tunnel
    December 12, 2013
    Further delays are adding to the sorry tale of woe surrounding the construction of the Blanka Tunnel project in the Czech Republic. The tunnel was supposed to improve connectivity and reduce traffic congestion in Czech capital Prague. However following a series of disagreements over the work being carried out as well as the spiralling cost, financing, legal problems and various technical issues, the construction of the tunnel has finally ground to a halt. Czech construction firm Metrostav has said that it w
  • New highway bridge for the Philippines
    October 20, 2022
    A new highway bridge link is planned for the Philippines.
  • Engineering the Saadiyat Expressway
    February 24, 2012
    A new bridge, said to be the largest in the United Arab Emirates (UAE) in terms of area, is being constructed as part of a major highway project. The US$550 million Saadiyat Expressway project, which involves Leighton Construction (Abu Dhabi), related to one of Australia's largest contracting groups, in constructing a ten-lane, 6.5km long highway to link the UAE's main city, with an exclusive island lying just offshore.
  • Indian highways road construction
    April 16, 2012
    Superlatives, once applied only to China's phenomenal growth, are now being used for India. Patrick Smith reports Those involved with the Naini Bridge in Allahabad are so proud of the result that they have set up an exhibition centre detailing its construction.