EUR 267 million Albania-Montenegro rail link rehabilitation endorsed for 2022 WBIF
9 March 2022
The rehabilitation project of the Vorë – Han i Hotit rail line which ensures the connection with Montenegro has been endorsed for 2022 Western Balkans Investment Framework (WBIF), part of European Commission Economic and Investment Plan.
The EUR 267 million project covers the rehabilitation of 120 km rail line and 12 stations including the installation of new signalling systems and safety improvements.
The project has received a EUR 133.4 million WBIF grant, with EUR 4.5 million previous EU grants, while the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are contributing with a total investment of EUR 125.8 million with EUR 62.9 million loan each. Albania covers the project’s funding with a EUR 3.3 million is the national contribution.
Related
-
Strabag buys Romanian firm to target European rail infrastructure
19 June 2026
-
Sembcorp concludes Alinta Energy acquisition for $4.32bn
15 June 2026
-
Repsol and Masdar to partner in €849 million renewables portfolio in Spain
12 June 2026
-
Montenegro’s CEDIS signs agreement with EDF, AFD on grid upgrade
12 June 2026
-
Consortium wins Ajman sewage treatment contract
11 June 2026
-
Saudi Arabia and Turkiye sign railway agreements
11 June 2026


京公网安备
11010802030424号
京ICP备19046776号-2