ECONOMY

Construction of key Albanian highway is set to start soon

TIRANA (SeeNews) – Albania plans to begin the construction of a key highway section, estimated to cost 23 million euros, and complete it within 18 months, the Albanian government said. The country’s territory regulation authority has already issued the construction permit, opening the way for the start of the project, financed jointly by Italy and the Albanian government, the Cabinet said in a statement. Italy has pledged to lend 18 million euros toward the cost of the project. The remainder will be provided by the Albanian government. The project envisages the construction of a 22-kilometer, four-lane highway between the southern Albanian towns of Lushnje and Fier that would comprise part of the EU-defined transport corridor 8 linking the West with Southeastern Europe. Albania has assigned the construction to Italian company Delma.

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