Albanian PM promises new road infrastructure project cash

Albanian primeminister, Sali Berisha, has promised that his government will keep up its investment in road infrastructure projects, due to their importance to the economy. The PM was speaking at the launch of two new road sections, between Uzina e Autotraktoreve and Lanabregas, and the Bridge of Surrelit to Farka. Both of the sections were built using funding from the EBRD and the EIB, with some funding also being provided by the Albanian government.
September 11, 2012 Read time: 1 min
Albanian primeminister, Sali Berisha, has promised that his government will keep up its investment in road infrastructure projects, due to their importance to the economy.

The PM was speaking at the launch of two new road sections, between Uzina e Autotraktoreve and Lanabregas, and the Bridge of Surrelit to Farka. Both of the sections were built using funding from the 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank, (EIB) with some funding also being provided by the Albanian government.

For more information on companies in this article

Related Content

  • Lithuania loan; funding found for road reconstruction
    September 29, 2016
    Plans to upgrade the Vilnius to Utena highway in Lithuania will now go ahead following the securing of a loan to help pay for the project. The €40 million loan is being sourced from the European Investment Bank (EIB). The loan will be for a period for 12 years, with guarantees being provided by the European Fund for Strategic Investments (EFSI). In all, the work to upgrade the 72.15km A14 route between capital Vilnius and Utena will cost close to €91 million, with the Lithuania Road Administration (LRA) pla
    Read More
  • New Angolan bridge offers improved connectivity
    September 30, 2013
    Drivers in Angola are benefiting from a bridge that spans the Catumbela River, taking the place of an old structure that had proven not fit for purpose. The US$35 million cable stayed bridge is located in the highway between Benguela and Lobito, around 7km from Angola’s Atlantic coast and is one of a series of new infrastructure developments in the country. Angola suffered a long period of war that impacted on its people and infrastructure. The war resulted in severe damage to the country’s road system alon
    Read More
  • EIB lends €900mn for Poland’s S7 and S8 dual carriageways
    December 14, 2012
    Polish state-owned Bank Gospodarstwa Krajowego (BGK) has signed a €900 million loan agreement with the European Investment Bank (EIB). The money from the loan will be allocated via the National Road Fund (KFD) in the construction of S7 and S8 dual carriageways. The three-section S7 carriageway will be 90.5km long, while the four-section S8 carriageway will stretch over 301km. Both routes will be part of the Trans-European Networks (TEN) system.
    Read More
  • Australia responds to infrastructure funding challenge
    July 13, 2012
    The Global Financial Crisis (GFC) has drastically changed the way governments and the private sector is prepared to procure vital infrastructure projects, says Philip Davies Governments have responded to the GFC by focusing on long term investment in transport infrastructure and shorter term stimulus packages to kick-start economies. As these projects proceed, the focus will shift to maintaining and achieving maximum benefits from assets and future infrastructure funding. The Public Private Partnership (PP
    Read More

Highlighted Content