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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.