- By country
- By industry
- By topic
- Top 100
TIRANA (Albania), October 10 (SeeNews) – The Albanian Development Fund (ADF) said on Thursday it has selected a joint venture comprising Italy's Fred Engineering and local company Infrakonsult to provide supervision services for the implementation of a World Bank-funded project for improving road connectivity in Albania.
The estimated value of the contract is $187,680 (171,021 euro), value added tax included, ADF said in a statement.
The assignment comprises consultancy services for identification and supervision of potential road safety interventions and road safety inspections. The assignment must be completed in 10 months.
A total of seven companies participated in the tender for the contract.
The World Bank is providing a $50 million loan for the implementation of the project for the reconstruction of around 45 km of regional and local roads in Albania.
“The project supports improved access to several agricultural and tourism centers in Albania,” the World Bank said in April.
The ADF is a public agency whose mission is to encourage a sustainable, balanced and cohesive socio-economic development at local and regional level. The ADF was established at the beginning of 1993, based on an agreement between the Albanian government and the World Bank.
($ = 0.91124 euro)