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- Operations
- Tirana-Elbasan Road Project
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.