Today: Aug 15, 2026

EBRD funds Fier bypass project

1 min read
15 years ago
Change font size:

TIRANA, April 20 – The Government of Albania intends using the proceeds of a loan in the amount of EUR 60 million from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) to finance the construction of the Fier bypass road in south-west Albania. The proposed project, which has a total estimated cost of EUR 75 million including taxes, will require the procurement of the following works and services:
The civil works associated with the construction of a 22km dual carriageway bypass road between the cities of Fier and Levan linking the Lushnje-Fier road section in the north and the Levan-Vlore and Levan – Tepelena road sections in the south of Albania that are under construction.
Tendering for the above contracts is expected to begin in the third quarter of 2011.
Contracts to be financed with the proceeds of the EBRD and EIB loans will be subject to the EBRD’s Procurement Policies and Rules (May 2009) and will be open to firms from any country.

Latest from Business & Economy

Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli
Prime Minister Rama, Former Deputy PM Ministedr Balluku and Mr. Bexhet Pacolli

Vlora Airport Heads to Arbitration

Change font size: - + Reset Albania faces another potentially costly international dispute after losing several arbitration cases in recent years that have exposed the state to hundreds of millions of euros
5 days ago
4 mins read
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
3 months ago
2 mins read