What are the flood protection projects? - 15 of them are ongoing, the budget finances the rehabilitation of 10 km of embankments
Albania is facing bad weather and intense rainfall, with consequences in flooding of agricultural lands and economic damage for Albanian families. But what measures are being taken to prevent the flooding phenomenon?
Referring to the list of investments, there are 15 flood protection infrastructure projects that are ongoing and will be financed during the next year, with some of them being fully completed. Specifically, these are the projects: Retaining wall in the Roskovec-Hoxhare Collector, Fier; Rehabilitation of the Borsh River; Protection from the Kalasa River (Shelegar Cascade); Repair of the Protective Embankment of the K17 Butrint Collector; Protection from the Kalasa River (Vana Cascade); Repair of the Left Embankment of the Seman River; Protection from the Shushice River in Vranisht, Vlora; Protection from the Shushica River in Drashovice, Vlora; Protection from the Vjose River, right arm, Kashisht; Protection from erosion and flooding from the Osum River in Starove – Remanicë; Protective Embankment from the Shkumbin River in Fatisht, Peqin Municipality; Protection from erosion of the Mat River in Skuraj, Ferr village; Protection from erosion of the Drin River in Bahçallëk, Shkodër; Protection from erosion of the Kir River (former wood field) and the mouth of the Gryke Manati stream into the Drin River (L=0.46 km).
As for new projects receiving funding, the construction of flood protection facilities is expected in 2026, while the rehabilitation of the Buna River embankment, Darragjat Shkodër and the Buna River Oblikë Protection Project are expected to begin in 2027.
As for the hydropower plants, the reconstruction of 4 hydropower plants, in Hamallaj, Orikum, Synej, Grethe, are ongoing projects, while 2 million euros are planned to be financed for other reconstructions from 2028 and onwards.
The total fund for managing flood protection and irrigation-drainage infrastructure for next year is 36 million euros, or 26.4% more than the previous year.
This fund envisages the rehabilitation and construction of 10 km of embankments on the main rivers for flood protection, the completion of the Orikum dam, and the maintenance of 27 dams across the country. On the other hand, it finances the improvement of drainage on over 60 thousand hectares of agricultural land.
Meanwhile, the fund allocated for municipal facilities and Water Supply and Sewerage Directorates for this purpose for 2026 is around 116 million euros, which is distributed to 21 municipalities and are all ongoing projects.
87 million lek for the new Kashar-Kamëz electricity network - OSSH: Aiming to increase the quality of supply
SSH Tirana has announced the opening of the competition for the construction of two new feeders from the Kashar 110/20 kV substation and the reconstruction......
APD: 10-month performance of the Port of Durres, trade volumes increase by 7.2%
The Port of Durres has continued its positive performance trend during the first ten months of 2025, confirming its consolidated role in maritime transport......
“Montenegro must strengthen economic stability” - IMF warns of major fiscal risks, calls for reforms
The Executive Board of the International Monetary Fund (IMF) projects real GDP growth of 3.2% in 2025. Average inflation is expected to remain high, around......
The US Dollar Recovers - What Happened to Other Currencies Today?
The US dollar has recorded a recovery in value since yesterday, gaining points this morning as it was bought today at 83.4 lek and sold at 84.4 lek according......
"European banks, be ready for major shocks" - ECB warns of the risk of potential crises in the coming years
The European Central Bank (ECB) said on Wednesday that eurozone banks should prepare for unpredictable shocks that could have far-reaching consequences for......
Greek family wealth exceeds 1 trillion euros - Post-crisis recovery brings additional 200 billion euros
Household wealth in Greece has seen a remarkable recovery since 2022, with assets recovering much of the losses incurred during the decade-long economic......
Rich countries are withdrawing from global development - Study: Financial aid is being reduced. In focus, strengthening defense
Many of the world's richest countries, including the United States and Japan, are backing away from their commitments to global development, according to a......
Draft Budget 2026 approved in principle - With 83 votes of the majority. Article-by-article discussion begins in committees
In a marathon session that lasted about 16 hours, the Assembly approved in principle the 2026 draft budget with 83 votes from majority MPs, while the 32......
