Spitalla Free Economic Area Winner Announced

Spitalla Free Economic Area Winner Announced

TIRANA, August 1

Spitalla Free Economic Area has an official winner. The Ministry of Economic Development, Tourism, Trade, and Entrepreneurship has announced the winner for the construction of the free economic area. Based on an announcement published on the official website of the Procurement Agency, the area will be constructed by Pelikani, The Best Consortium, and ‘Vllezerit Hysa’ consortium.
The project submitted by these companies consists of the construction of a Ferro Chrome enrichment Plant with a value of Euro 39 million. According to the offer, this project will create over 2,500 jobs.
Moreover, the procedure of the ministry defines that the contract between the institution and the winner must be within 90 days.
Two proposals were submitted for the bid and the verdict of the Ministry was contested by the second company. The commission didn’t change the verdict after scrutinizing the complaint. This was the fourth call for proposals for the construction of Spitalla Free Economic Area. The past bids failed due to the lack of interest.
This bid resulted successfully even though the economic area will be different from the initial plan of the Albanian government on the construction of advanced tech complexes.

News Source: TCh

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