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China Eximbank pledges to finance 72 km Arbër Highway Construction Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Albania |
| Country | Albania |
| Start Date | Dec 15, 2014 |
| End Date | Jan 12, 2028 |
| Duration | 4,776 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 42419 |
Grant Description
China Eximbank pledges to finance 72 km Arbër Highway Construction Project On December 15, 2014, Albania's Finance and Transport Minister signed a memorandum of cooperation with China Eximbank for the Arbër Highway Construction Project.
The purpose of this project is to construct a single carriageway highway between Albania and North Macedonia that measures 170 km in length.
The highway is planned to stretch along an ancient caravan route passing through the eastern highlands of Tirana along SH61, and ending at the current SH6 in Diber County.
China State Construction Engineering Corporation was granted a commercial contract for the project, but it later withdrew from the project.
Albanian construction firm Gjoka Konstruksion ultimately won the bid to implement this $298 million project on a public-private partnership (PPP) basis through a 13-year concession contract for highway improvement, construction, operation, and maintenance. According to MAPO, an Albanian media source, the pledge with China fell through in 2017.
Staff Comments
The Chinese title for the project is 阿尔伯里公路. The Albanian project title is Rruga e Arbrit.
Sources & References
- Albania
- China hold conference to promote bilateral ties
- News analysis: Albania PM hails 'new epoch of cooperation' with China
- Chinese to Build Albanian Highway to Macedonia
- China slips quietly into Albania
- News analysis: Albania PM hails 'new epoch of cooperation' with China
- Albania
- China reaffirm readiness to finalize agreement on Arber Road project
- 中国同阿尔巴尼亚的关系
- Li Keqiang Meets with Albanian Prime Minister Rama
- Li Keqiang Meets with Albanian Prime Minister Rama
- China builds Arbri Street
- Rama signs: 'Works next year'. Basha: The work started 3 years ago
- Arbër Highway
- Saga e Rrugës së Arbrit; 10 vjet nga fillimi, fundi nuk duket Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Albania
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