July 2008

The port of Durres is the largest port in Albania, handling about 90% of the country’s international trade tonnage, and 65% of the country’s total export and import trade.

Also the port receives ferries from Italy, and currently receives approx 400,000 passengers per year, and growing.

Up until now, the port has been receiving the following funding:

• World Bank - US$23 Million
• EU-Phare Program - EUR4.4 Million
• Trade and Development Agency - US$1.9 Million
• European Investment Bank (EIB) - EUR17 Million

Also, just announced, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) will be funding a project for the Rehabilitation and Reconstruction of Quays 7 & 8, costing approx EUR40 Million.

 All the funding and the final renovation of the Durres Port, will mean more cargo, more travellers and more jobs for local Albanians.

This will continue to increase demand for purchasing property and letting property in Durres.

To view our latest developments in Durres, please click here.

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