Loans for Albanian roads

The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
May 15, 2012 Read time: 2 mins
The 1166 European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania.

This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The 1054 European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the 2465 European Commission under the Instrument for Pre-Accession Assistance (IPA) 2010/2011 programme, and an additional €4 million technical assistance grant from the Western Balkans Investment Framework (WBIF).

The investment is part of a wider national programme to rehabilitate 1,500km of regional and local roads, financed on a parallel by the 2332 World Bank, 1561 OPEC Fund, the Council of Europe Bank and potentially other financiers.
Road Structures

Related Content

  • The GRSF: breaking down barriers
    December 17, 2020
    Improving road safety can be expensive, especially for low- to middle-income countries. The Global Road Safety Facility has been working hard to alleviate the situation
    Read More
  • Fiat Industrial receives €350mn EIB R&D loan
    July 16, 2012
    Fiat Industrial (FI) has been given a US$439.9million (€350mn) loan from the European Investment Bank (EIB) to support its research and development work for its industrial, commercial and agricultural vehicles. Powertrain technologies, new emission standard components, and innovative vehicle architecture with a focus on safety are among the areas of current FI R&D.
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More
  • Vietnam's new bridge deal
    February 14, 2012
    Funding and assistance from Australia, South Korea and the Asian Development Bank (ADB) will help finance key road and bridge projects in Vietnam.
    Read More

Highlighted Content