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

  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Funding for Belarus road project
    May 18, 2016
    Funding for a key project in Belarus could be supplied by the European Bank of Reconstruction and Development (EBRD). Financing is required for the reconstruction of the M10 highway in Belarus, which runs from Kobrin through Gomel to the Russian border. The EBRD will consider options once the results of the tender have been revealed. The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession mode
    Read More
  • Bosnia: more funds for Corridor C5 work
    June 25, 2021
    Bosnia’s national road agency Autoceste FBiHreports reports that 92km of Corridor 5C have been completed.
    Read More
  • Lithuania: EIB to issue loan for Vilnius-Utena A14 highway
    September 21, 2016
    The European Investment Bank (EIB) is looking at issuing a €40 million loan towards reconstruction of Lithuania's Vilnius-Utena A14 highway. According to a notice by the EIB earlier this year, the project includes reconstruction of 58km highway, the main traffic artery between the capital and north-eastern regions of Lithuania. The government intends to procure the project as a public-private partnership under a 13-year concession contract, including a 3-year construction period. The bank noted that t
    Read More

Highlighted Content