Release date: 22 March 2006
Promoter – Financial Intermediary
MINISTRY OF TRANSPORT AND TELECOMMUNICATIONSLocation
Description
Investments in the Port of Durres – primarily ferry terminal on-shore upgrade (ferry terminal building and yard) and other parallel investments.
Objectives
Port improvements would contribute not only to the economic development in Albania, but also to regional economic integration of other Balkan countries, given the location of the Port .
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million.
Total cost (Approximate amount)
EUR 40 million.
Environmental aspects
No EIA required for Ferry Terminal Building and Yard. For other components, in particular Bulk Terminal works and dredging,EIA requirements will be clarified during appraisal.
Procurement
Procurement procedures will be on the basis of open internationalcompetitive bidding, where appropriate, in line with the Bank’s Guide to Procurement. It is expected that an appropriately staffed Project Implementation Unit (PIU) with experienced Technical Assistance will be responsible for managing the procurement process.
Status
Signed - 27/12/2006
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).