Albania Port of Durres
This series showcases how the Multilateral Development Banks’ collaboration supports the development and implementation of infrastructure investment. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.
The Port of Durrës is the lifeline of the Albanian economy, opening up the country to international trade and to the 40 million people strong markets of the Mediterranean and the Balkans. The port, built for a different era, is in dire need of modernization and upgrading. The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) invested €18 and €14 million respectively in the project to finance the new terminal building and the upgrading of two important heavily trafficked quays.
