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Albania Project Notice - CORRIDOR VIII RAIL PHASE I - ALBANIA


Project Notice

PNR 62129
Project Name CORRIDOR VIII RAIL PHASE I - ALBANIA
Project Detail Modernisation of 34 km of single track rail line, between the port of Durres and Rrogozhine in central Albania, lying on multi-modal Corridor VIII which connects the southern Italian ports, Albania, North Macedonia and Bulgaria. Objectives The project aims to rehabilitate, modernise, electrify and thereby bring into compliance with EU standards, 34km of single track rail line from the port of Durres to Rrogozhinë in central Albania. This part of the line originally opened in 1950, after which it has been subject only of normal maintenance. The infrastructure is in poor condition and not compliant with European standards. Services on this part of the rail network have virtually ceased, due in large part to the deteriorated condition of the infrastructure. The project, together with other investments and sectoral reforms, is expected to contribute to modal shift from road to rail and thereby generate economic benefits in terms of operating, safety and environmental savings. The project is a significant component of the progressive completion of Corridor VIII, a 1,500 km multi-modal corridor running east/west between Varna port in Bulgaria, crossing North Macedonia and Albania, and connecting via Durres port to the southern Italian ports on the Adriatic coast. Sector(s) Transport - Transportation and storage Under Global Europe NDICI guarantee Under EFSD+ Guarantee Proposed EIB finance (Approximate amount) EUR 90 million Total cost (Approximate amount) EUR 120 million
Funded By European Investment Bank (EIB)
Sector Entertainment
Country Albania , Southern Europe
Project Value ALL 120,000,000

Contact Information

Company Name HEKURUDHA SHQIPTARE SHA
Web Site https://www.eib.org/en/projects/pipelines/all/20170608

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