TIRANA (Albania), May 29 (SeeNews) – The Albanian Development Fund (ADF) said on Wednesday it is inviting bids in a tender for the upgrade of the main promenade in the southwestern coastal city of Saranda.
The project will be financed with the proceeds of a World Bank loan.
The bidding deadline is July 10 and construction works must be completed within 14 months, ADF said in a tender notice.
The assignment is part of a project for integrated development of urban infrastructure and tourism activities focused on Albania's south and financed with the proceeds of a $71 million (63.5 million euro) loan from the World Bank.
The objective of the project is to improve urban infrastructure, enhance tourism assets, and strengthen institutional capacity to support tourism-related local economic development in selected areas, the World Bank said earlier.
ADF is a public agency whose mission is to encourage a sustainable, balanced and cohesive socio-economic development at local and regional level. The ADF was established at the beginning of 1993, based on an agreement between the Albanian government and the World Bank.
($ = 0.89443 euro)