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Albania to launch 1st toll road segment with Turkish company

July 22, 2016

TIRANA, Albania (AP) — Albanian authorities have selected a Turkish company to rehabilitate and maintain the 180-kilometer (112-mile) highway linking Milot and Morin, which also will be the first toll road segment in the country.

The Transport Ministry said Friday that Ankara-based Vendeka Bilgi Teknolojileri Ltd was the best offer for a 30-year concession.

The Turkish company offered to invest 50.6 million euros ($56 million) to complete the segment link to neighboring Kosovo and to undertake 320.6 million euros maintenance during the concession period.

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