Tirana-Durres Highway to be upgraded / Albania approves 240 mln euro deal for construction of Tirana-Diber highway

The government plans to repair the Tirana-Durres highway within 2018, Minister Gjiknuri said, adding that the project foresees an investment of around 11 million euro. The investment will secure the road for another 4 years. According to the World Bank, the total reconstruction of the road requires 20- 30 million euro investment. The need for maintenance affects new roads, Gjiknuri said, mentioning a recent case from Tirana-Elbasan highway, where sliding caused a damage of 4 million euro.

 

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Albania's government said it approved a concession contract with local company Gjoka Konstruksion for the construction and maintenance  - under a public-private partnership (PPP) scheme - of the remaining part of the highway linking Tirana to Dibra region and neighbouring Macedonia. The estimated cost of the project is around 240 million euro ($298 million), with the sum to be paid in instalments by the government over 13 years according to the terms of the PPP scheme, the government said in a statement on Wednesday.  Gjoka Konstruksion is expected to complete the construction of the remaining 40 km of the 61.7 km-long highway in about four years, according to local media reports. The company won the concession contract in a tender held in October 2018.

Source: Albanian Daily News  / ATA

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