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    Signature(s)

    Amount
    € 18,000,000
    Countries
    Sector(s)
    Albania : € 18,000,000
    Transport : € 18,000,000
    Signature date(s)
    20/06/2014 : € 18,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    9 October 2013
    Status
    Reference
    Signed | 20/06/2014
    20120200
    Project name
    Promoter - financial intermediary
    VLORE BYPASS
    ALBANIA - MINISTRY OF PUBLIC WORKS, TRANSPORT AND TELECOMMUNICATIONS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 18 million
    EUR 68 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a 29 km highway bypassing the city of Vlore to improve road traffic flow along the southern coast of Albania.

    The project will allow time savings due to the provision of additional road capacity and the relief of congestion in the centre of Vlora. As a result the project shal facilitates trade, support private sector development, develop tourism, promote regional and national GDP growth and, ultimately, contribute to reducing poverty. As such the project is fully consistent with EU objectives and the EIB’s mandate in Albania.

    Environmental aspects
    Procurement

    While no formal strategic environmental assessment has been undertaken for the road investment program, an Albanian National Transport Plan was prepared in 2005. Amongst other things, this gave some consideration to the strategic environmental issues related to identified sector investments and may be considered as broadly consistent with the philosophy of the SEA Directive 2001/42/EC. If the project was located in a Member State, it would fall within Annex I of the EU Directive 2011/92/EU. Hence, an Environmental Impact Assessment (EIA) procedure is required. The promoter commissioned an EIA and the draft report was completed in early 2012. The project will cross the Narta Landscape Protected Area for about 3 km at its northern end and passes close to the Managed Nature Reserve of Karaburun at its southern end (both proposed Emerald Network sites and therefore potentially future Natura 2000 sites). Therefore the principles of the Habitats (92/43/EEC) and Birds (2009/147/EC) Directives apply. The project also passes close to Kaninë, an Illyrian hilltop settlement with important cultural property value. The project requires the acquisition of about 76 ha of land.

    The promoter is a public contracting authority. The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - VLORE BYPASS
    Publication Date
    11 Apr 2014
    Document language
    Main Topic
    Lending
    Document Number
    52443973
    Document Focus
    Environmental Information
    Project Number
    20120200
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - VLORE BYPASS
    Publication Date
    3 Jun 2014
    Document language
    Main Topic
    Lending
    Document Number
    53079954
    Document Focus
    Environmental Information
    Project Number
    20120200
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - VLORE BYPASS
    Publication Date
    21 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    171911555
    Document Focus
    Environmental Information
    Project Number
    20120200
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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