Release date: 23 May 2008
Promoter – Financial Intermediary
Ministry of Public Works, Transport and Telecommunications
Location
Description
The project involves the construction of a 19.5 km bypass expressway between the Northern entrance of Fier and Levan in the South on the major North – South axis in Albania.
Objectives
This project will provide the missing link on the North-South (Durres-Vlore) corridor and will reduce traffic congestion in Fier by bypassing in the city.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 26 million.
Total cost (Approximate amount)
EUR 64 million.
Environmental aspects
The Bank’s services will take particular care to ensure that proper attention is given to all environmental concerns and appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines, including issues relating to nature conservation areas.
Procurement
Procurement procedures will be in line with the EIB guidelines and EBRD requirements, that is to say international competitive tendering with pre-qualification. The Bank will monitor the continued procurement process closely.
Status
Signed - 11/06/2012
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).