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Sole Albanian bidder gets €161 mln PPP for 18-km highway

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7 years ago
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TIRANA, Oct. 22 – Albania has announced an unsolicited proposal by a local company to build a highway north of the country in a new costly public private partnership project, defying warnings by international financial institutions of giving up such practices that place companies proposing them at an unfair advantage by obtaining bonuses that make them eventual winners in tenders with little or no competition at all. The government says it has selected Albanian-owned “A.N.K.” company to build an 18-km Milot-Balldren highway that improves access to the northern region of Lezha and neighboring Montenegro as part of the Adriatic–Ionian motorway,…

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