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Albanian company gets bonus for offering to complete Arbri Road for €245 mln

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9 years ago
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By Ervin Lisaku TIRANA, April 13 – Two months ahead of the upcoming general elections, the ruling Socialist Party-led government has made a new effort to reactivate a major highway project linking Tirana to the undeveloped Dibra region and neighboring Macedonia after the failure of concession negotiations with a Chinese company. Gjoka Konstruksion, an Albanian-owned company has been awarded a 10 percent bonus for an unsolicited bid, placing it at an advantage when an international tender is held, likely later this year after the June 18 general elections whose run-up has been accompanied by a political deadlock with the main…

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Story Highlights

  • Two months ahead of the upcoming general elections, the ruling Socialist Party-led government has made a new effort to reactivate a major highway project linking Tirana to the undeveloped Dibra region and neighboring Macedonia after the failure of concession negotiations with a Chinese company. One of the country's biggest construction companies, already engaged in the construction of some Arbri road segments financed by the Albanian government, Gjoka Konstruksion has offered to complete the highway's remaining 40 km for 33.6 billion lek (€245 million) in about four years.

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