This investment project will rehabilitate 120 km of railway line and 12 train stations, including new signalling systems and safety improvements, from Vorë to the border with Montenegro.
This railway line is part of the planned extension of the Trans-European Transport Core Network to the Western Balkans. It is Albania’s international railway link to regional and EU railway networks. The new line will allow increased speeds of up to 120 km/h. It will improve market access and substantially increase international freight and passenger traffic towards ports, terminals, capitals and airports by rail.
The EU has provided technical assistance for project preparation and co-funds the investment under Flagship 3 - Connecting the coastal regions - of the Economic and Investment Plan for the Western Balkans through the WBIF.
EBRD | Loan | € 84,500,000 | |
WBIF | Grant | WB16-ALB-TRA-01 | € 4,522,500 |
WBIF | Grant | WB-IG06-ALB-TRA-02 | € 138,027,659 |
EIB | Loan | € 84,500,000 | |
National Contribution | Own Contribution | € 3,270,000 | |
Expected WBIF TC Grant | Other Sources | € 1,000,000 | |
EIB Financing - PIU Budget Support | Other Sources | € 1,440,000 | |
EBRD TC Grant | External Grant | € 630,000 | |
Total | € 317,890,159 | ||
Total Grants | € 142,550,159 | ||
Total Loans | € 169,000,000 |