Albanian road project loan

Abu Dhabi Fund for Development (ADFD) has agreed to provide a loan of AED183.50million (US$49.95million) for the construction of the Tirana-Elbasan road project. The completed works will shorten travelling time between both cities contributing to Albania's economic growth through the support of domestic trade exchange.
April 25, 2012 Read time: 1 min
4216 Abu Dhabi Fund for Development (ADFD) has agreed to provide a loan of AED183.50million (US$49.95million) for the construction of the Tirana-Elbasan road project. The completed works will shorten travelling time between both cities contributing to Albania’s economic growth through the support of domestic trade exchange.

For more information on companies in this article

Related Content

  • Peru's award winning road construction project
    May 8, 2012
    The South Interoceanic Road is a path of integration and development: it is also a GRAA 2011 Winning Project . On 24 January, 2012 the International Road Federation formally presented a Global Road Achievement Award (GRAA) in. the Programme Management category to Concesionaria Interoceánica Sur Tramos 2 y 3, S.A. for its leadership in the provision of integrated services as part of a large-scale transportation infrastructure programme. IIRSA Sur Concessionaire - Stretches 2 & 3, builds, provides maintenanc
    Read More
  • Kenya/Tanzania’s US$ 262.2mn transborder road
    April 23, 2013
    More than US$260 million will be spent on creating a 157.5km-long link road between Kenya and Tanzania. Of the total with $262.2 million project cost, the African Development Bank (AfDB) has offered a loan of $232.5 million, while the Africa Trade Fund will provide a trade grant of $740,000. The governments of Kenya and Tanzania have pledged $12.3 million and $15.6 million respectively. The project consists of a stretch between Voi and Taveta, Kenya as well as another between Holili and Arusha, Tanzania, an
    Read More
  • Serbia’s Nis-Pristina motorway inches ahead
    October 24, 2016
    Serbia will cooperate with Albania on construction of the proposed Nis-Merdare-Prishtina motorway, according to media reports. Serbian vice president and Minister of Construction, Transport and Infrastructure, Zorana Mihajlovic, said that the motorway will be part of a larger project to give faster access, through Pristina, capital of Kosovo, to Albania’s Adriatic Sea port of Drac.
    Read More
  • Loan to boost key Nepal road works
    May 29, 2023
    A loan will boost works on a key Nepal road.
    Read More

Highlighted Content