Main concessionary investments of the 1 billion USD Project
03/10/2017 00:00
The Washington Agreement Must Be Reactivated! 06/01 19:04
The reason why the IMF is concerned and wants to register concessions as
debt is related to the reconstruction program that Prime Minister Edi
Rama announced early this year.
The government had declared early that they plan to invest 1 billion EUR, but officially there is no exact figure.
The biggest project that will be built through concession is the Arber Road, which will cost 250 million EUR and expected to start soon.
The second biggest investment is the Tirana-Thumana-Vora road, which will cost 170 million EUR and will be built through a similar scheme, public-private partnership.
Part of the investment package warned by PM Rama is also the completion of Tirana’s Bigger Ring Road and the building of an overpass at the Kavaja street, which will cost around 120 million EUR.
The coastline takes an important part of the package. The main segments that will be built are Kardhiq-Saranda and Orikum-Himara.
Investments will not affect only roads. Dozens of projects in tourist areas will be funded in the next three years, more than 50 schools are going to be built, and several hospitals and healthcare centers.
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