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The OPEC Fund
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Development
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  2. Tirana-Elbasan Road Project

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Tirana-Elbasan Road Project

Albania

Borrower Albania
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 16.06.2011
Signed 13.02.2012
Status Completed
Loan Administrator ISDB
Executing Agency The Albanian Road Authority
Co-financiers ISDB, ABUDF, SFD, Government
OPEC Fund Contribution (US$m) 20.40
Total Project Cost (US$m) 407.00

To construct a 27-km long road that will improve access to social services and marketplaces, and help promote the country’s trade opportunities. Works will include:

  • construction of a dual carriageway;
  • building of a two-way tunnel and several bridges and viaducts; and
  • consultancy services.
Around 750,000 people residing in the capital Tirana and the city of Elbasan will benefit from a safer, swifter means of travel.

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