Albania: Vendeka Information Technologies for Milot-Morin deal

Albania’s Ministry of Transport has signed a contract with the Turkish company Vendeka Information Technologies for the rehabilitation of the Milot-Morin motorway. The 30-year deal is for the upgrading, operation and maintenance of the 180km route. Vendeka will invest initially around €51 million and then around €321 million for maintenance over the duration of the contract. The highway links the Adriatic port of Durres with the capital Tirana and eastwards to the border with Kosovo to connect with an
August 9, 2016 Read time: 1 min
Albania’s Ministry of Transport has signed a contract with the Turkish company Vendeka Information Technologies for the rehabilitation of the Milot-Morin motorway.

The 30-year deal is for the upgrading, operation and maintenance of the 180km route. Vendeka will invest initially around €51 million and then around €321 million for maintenance over the duration of the contract.

The highway links the Adriatic port of Durres with the capital Tirana and eastwards to the border with Kosovo to connect with an upgraded highway for access to Pristina, the Kosovan capital.
Finance & Funding

Related Content

  • Hungary to improve roads and invest in highways
    September 24, 2014
    Hungary’s huge highway programme will see close to €161 million being spent on upgrading some 500km of the country’s network. Hungary’s Ministry of National Development (NFM) plans for the work to commence in the first half of 2015 and completed by the second half of the same year. The cost of the work will be covered from EU funds in line with the country's Transportation Operative Programme (KOZOP). The work is needed as data from Hungary’s national road information source, Orszagos Kozuti Adatbank, revea
    Read More
  • Russian capital investing
    June 19, 2012
    The authorities in Moscow intend to invest in new roads, repairs and maintenance in a bid to tackle the city’s road connections and pothole problems. The repairs and maintenance will be carried out in and around the city. Some 180km of roads and 50km of highways will be either constructed or rebuilt during 2012. Some US$650 million has been budgeted for the work, some 2.5 times the sum spent during last year. Around 64km of highways will be built and repaired by 2015.
    Read More
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The
    Read More
  • Malaysia’s massive road building project is advancing the use of technology
    August 10, 2020
    Malaysia’s huge Pan Borneo Highway project is benefiting from the use of some of the latest technologies in its planning, design and construction
    Read More

Highlighted Content