Today: Jul 01, 2026

Albania Starts 19.5 Mln Euro Foreign-Funded Drainage Project

1 min read
20 years ago
Change font size:

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.

Latest from Business & Economy

The Chief Executive Officer of OTP Bank Albania, Mr. Bledar Shella, described this investment as a reflection of the bank’s vision to build long-term and sustainable relationships with its clients.

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
Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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