EBRD supports reconstruction of local roads

TIRANA, Nov. 6 – London-based EBRD is supporting the improvement of secondary and local roads in Albania as part of an IPA 2010/2011 grant with Euro 34 million. The deal was signed on Wednesday by Finance Minister Shkelqim Cani and Fabio Serri, head of the EBRD Resident Office in Albania.
This project is part of a multi donors programme to support the rehabilitation of 1,500 km of secondary and rural roads in Albania. The project for improvement of rural roads under IPA 2010 programme for Albania will be implemented in joint management with the European Bank for Reconstruction and Development (EBRD) through one contribution agreement. About 100 km of rural roads are expected to be reconstructed from the financial contribution of IPA 2010 programme contribution and about 500 km are expected to be reconstructed by the financial contribution of the EBRD (and the European Investment Bank (EIB)). The design, works supervision, technical assistance and project monitoring activities will be covered by the Western Balkan Investment Framework (WBIF) contribution.