Albanian cabinet oks loan agreement with Germanys KfW on waste management.

By bne IntelliNews January 3, 2013
The Albanian government has approved a number of agreements signed with German development bank KfW that will finance a solid waste management project in the southeastern part of the country, the Albanian finance ministry informed. The German bank will extend a EUR 3.4nm loan, which will be used to fund the construction of landfills and transfer stations. The 40-year loan will have a grace period of 10 years and carry an annual interest rate of 0.75%. KfW will also support the projects through two grants with a combined value of EUR 6.4mn.

Related Articles

Albania calls tender for supervision of sewerage project.

Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more

Albania's govt approves changes in concession agreement for Devoll project.

The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more

Albanian parliament panel endorses EUR 12.7mn EBRD loan for dam safety project.

The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss