Agreement on Two Major Railway Projects Okayed

TIRANA, February 23

The projects on the rehabilitation of Tirana-Durres railway and on the construction of Tirana-Rinas railway will be concretized soon. The Council of Ministers adopted on Wednesday the loan agreement with the European Bank for Reconstruction and Development (EBRD). The total value of the projects reaches EUR 86.4 million while EBRD will finance 40percent.
More specifically the projects include the rehabilitation and upgrade of 34.7 km railway line between the Tirana Public Transport Terminal (PTT) and the city of Durres and the construction of a 7.4 km railway line between the Tirana PTT and the Tirana International Airport (TIA).
The Project is part of Route 2 of the Western Balkans Core Network connecting the cities of Podgorica in Montenegro and Vlore in Albania and has been established as an indicative extension to the Trans-European Transport Networks (TEN-T) to the Western Balkans core railway network.
The Project will support Albania’s national economic development and contribute to Albania’s regional integration by improving connectivity of its main cities to the Port of Durres and TIA.

News Source: kryeministria.al

Photo Credit: pixaby.com