KORCA, Aug. 5 – Albania launched a 19.5 million euro foreign-funded project in the southeastern town of Korca aimed at improving the town’s sewerage and drainage infrastructure. The project includes repairs and the building of new sewerage and drainage systems, pumping stations and a wastewater treatment facility, the German Embassy in Albania said in a statement. The European Investment Bank (EIB) and the German government through the state-run development bank KfW, jointly finance the scheme, providing 14.5 million euro and 5.0 million euro, respectively, the statement said. The project will be carried out by the local Water Supply and Sewerage Enterprise of Korca (UKKO). It is part of a larger project for the development of Korca’s water sector, including an upgrade of the town’s drinking water infrastructure. Germany has also extended some 30 million euro for the upgrade of Korca’s water infrastructure.
Albania Starts 19.5 Mln Euro Foreign-Funded Drainage Project
Change font size:
Recommended Articles
Latest from Business & Economy
Austria Leads FDI, but Real Estate Tells the Bigger Story
Change font size: - + Reset Bank of Albania data show Austria topping first-quarter foreign investment flows, while property and construction continue to shape Albania’s FDI model. Tirana Times June 25, 2026
6 days ago
4 mins read
Albania’s Missing Generation: A Country Losing Its Future Before 2050
Change font size: - + Reset Tirana Times, June 22, 2026 – Albania is no longer facing a normal demographic decline. It is facing the possible disappearance of the very generation on
1 week ago
6 mins read
OTP Bank Albania inaugurates new Private Banking premises in Tirana
Change font size: - + Reset Tirana Times, May 18, 2026 – OTP Bank Albania has inaugurated new premises dedicated to the Private Banking segment, unveiling an exclusive space designed for clients
1 month ago
2 mins read
Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage
Change font size: - + Reset by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the
4 months ago
7 mins read
Behind Albania’s Collapsing Roads: Clientelism and Corruption
Change font size: - + Reset Tirana Times, February 12 2026 – The rapid deterioration of newly inaugurated roads and tunnels across Albania has exposed far more than technical shortcomings. What authorities
5 months ago
4 mins read