The competition for Milot-Balldre is reopened - The concession contract is worth 365 million euros, the works must be completed 30 months from the signing

After being cancelled a few weeks ago, the Ministry of Infrastructure and Energy has reopened the concession competition for the Milot - Balldre road axis. The tender procedure aims to find a private company that will build this important road segment, a process that according to the tender documents is expected to last 30 months from the signing of the contract.
This is not the first time that contracting for this infrastructure project has been sought, as the last procedure opened in December last year was canceled with the argument that none of the submitted offers were suitable.
Meanwhile, according to the tender documents accompanying the concession competition, the total estimated value of the project is around 365 million euros, excluding VAT, while the duration of the contract will be 35 years. This value includes the costs for the design, operation and maintenance of the road, which will be a category A motorway, from the current category C road.
The Milot-Balldre axis is about 17 km long. The road starts at the Milot junction, where it will connect to the other road segments Milot-Thumanë – Kashar – Lekaj – Rruga e Kombit and will end at the existing Tirana-Shkodër road, in Balldre.
This axis is part of the Adriatic-Ionian corridor, which is preliminarily identified as part of the TEN-T Mediterranean Corridor, extending the EU Core Network Corridor to the Western Balkans Region.
Non-performing loans, "in free fall" - BoA: 4.01% registered in June, the lowest level since 2008
Non-performing loans in banks have returned to decline in June. The latest data from the Bank of Albania shows that the rate of non-performing loans has......
How will the Shiroka-Shkodra road be transformed? - Details/ The 3.8 million euro project includes the “Buna 2” park
The second phase of the redevelopment of the tourist area of the Shiroka-Shkodra road will begin soon. The Public Procurement Agency has announced a tender......
Banking infrastructure, how many ATMs does Albania have per capita? The transformation of the payment system in the country and comparison with the European region
In 2024, the total number of automated teller machines (ATMs) in Albania is estimated to have been 1,011 and in the first quarter of 2025 this figure has......
Up to 13 thousand euros in fines for hunting abuses - Law changes, private entities have the right to rent hunting areas
The government has "fundamentally" changed the law on hunting in Albania, defining new conditions and criteria, a clear and transparent basis, that regulates......
Do Albanians get insurance when traveling abroad? - AMF: Only 0.1% of citizens think about life and health in another country
This year has not only marked a record for the entry of foreign citizens into Albania, but also for the departure of Albanians abroad. Whether for vacation,......
Olive oil prices, heading for a decline? - The world's largest producer, optimistic after the industry crisis
Spanish company Deoleo, the world's largest producer of olive oil, says that abundant harvests and improving market sentiment show that the industry is......
High temperatures bring back fires in the country: 38 fires in the last 24 hours, 14 still active!
The General Directorate of Fire Protection and Rescue announced that during the last 24 hours, a total of 38 fires have been reported in the country's......
China not affected by Trump tariffs - Chinese exports grew by over 7%, despite trade barriers
China is not suffering from the Trump administration's tariff pressure. In July, Chinese exports rose 7.2 percent year-on-year, exceeding market......






