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Albania and World Bank negotiate on US$150 million road project

23. January 2017

Albania and the World Bank are concluding an agreement on a 150 million U.S.Dollar project aimed at improving maintenance of roads in Albania

Albania and the World Bank Group are concluding an agreement on a $150 mln project aimed at improving maintenance of roads in Albania. Sources from the Ministry of Transport, the newspaper said the Albanian Government and WB will likely hire four companies to maintain 1,300 kilometres of national roads in northern, north-eastern, central-south-eastern and southern Albania. According to the Ministry, the WB will fund half of the cost of this project, which is expected to reduce road accidents in the country by at least 15%.

Source:
Albanian Daily News
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