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

  • Denmark concerned over rising cost of Fehmarn Belt Fixed Link
    February 19, 2015
    The Danish government is in talks with contractors over the latest rise in cost estimates for the proposed prestigious Fehmarn Belt Fixed Link between Denmark and Germany. Contractors have estimated an extra €295.5 million will be needed. This is in addition to a statement last November by the contracting company Femern saying that costs had risen nearly €900 million. The total rise price hike is nearly €1.2 billion. This puts the final cost of the 18km tunnel including two railway tunnels, two motorway tun
  • Closer ties with Highways England Collaborative Delivery Framework
    April 13, 2017
    Highways England is reconsidering its procurement to encourage innovation and ultimately deliver more for less. Kristina Smith spoke to client, contractors and material suppliers to find out more. A group of senior managers is being addressed by a local resident who lives close to some proposed road works. The resident is angry, persistent and quite rude. The question is: how will these managers respond?
  • Costs have climbed for a New Zealand project
    August 13, 2021
    The costs have climbed again for a key New Zealand road project.
  • Bosnia road tunnel project
    December 4, 2020
    A key Bosnian road tunnel project is underway.