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

  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
  • High fatality rates around the world
    March 13, 2014
    In 2010, global road traffic injuries resulted in 1.3 million deaths and were the eighth leading cause of death, with 90% of fatal injuries taking place in low- and middle-income countries At the root of this crisis in the developing world are persisting managerial and technical capacity weaknesses. For many fast-motorising countries, fragmented legislation, poorly targeted funding, ineffective institutional leadership, and outdated road engineering practices could all translate into failure to meet road
  • Kansas highway upgrade planned
    July 18, 2023
    A key Kansas highway upgrade is being planned.
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.