TIRANA (Albania), January 22 (SeeNews) – The Albanian Development Fund (ADF) said it is inviting bids in a tender for the restoration of the historic old bazaar in the country's southern city of Gjirokastra, a UNESCO World Heritage site, to be financed with the proceeds of a World Bank loan.
The bidding deadline is March 5 and construction works must be completed in 12 months, ADF said in a notice posted on its website on Friday.
The restoration of the old bazaar is part of a project for the integrated urban and tourism development focused on Albania's south, financed by the World Bank with a $71 million (58 million euro) loan, ADF added.
The project's objective is to improve urban infrastructure, enhance tourism assets, and strengthen institutional capacity to support tourism-related local economic development in selected areas, according to information posted on the World Bank’s website.
The Albanian Development Fund (ADF) is a public agency whose mission is to encourage a sustainable, balanced and cohesive socio-economic development at local and regional level. The ADF was established at the beginning of 1993, based on an agreement between the Albanian government and the World Bank.
($ = 0.81805 euro)