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LAUNCH OF THE ONE BILLION PROJECT

31. January 2017

PM Rama said that Arbri Road would be the first project to be implemented thanks to funding provided by the One Billion for Reconstruction project.

Prime Minister Edi Rama presented today the One Billion for Reconstruction project. According to the Prime Minister and the Finance Minister, this project will result in the establishment of a joint investment fund with the participation of public and private capitals that will operate as a public-private partnership (PPP). Rama invited banks and businesses to become part of this project, adding that he hoped it would address important issues of the national road infrastructure, tourism infrastructure, etc. The Prime Minister said that Arbri Road would be the first project to be implemented thanks to funding provided by the One Billion for Reconstruction project.

Several cabinet members also attended the meeting. Finance Minister Arben Ahmetaj said that the PPP is a mechanism that would provide better services to citizens and develop assets in road infrastructure, schools and hospitals across the country within two or three year.

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