Construction works begin on Albania’s Vlora airport

Exit -- Nov 21
Prime Minister Edi Rama broke the ground on the Vlora International Airport, a new airport on the southern Albanian Riviera.

Prime Minister Edi Rama broke the ground on the Vlora International Airport, a new airport on the southern Albanian Riviera.

The airport will be built through a 35 year BOT concession by an international consortium, including Mabatex Group (50%), owned by Behgjet Pacolli, Kosovo’s richest businessman and former Minister of Foreign Affairs, and the Turkish YDA Group (48%).

The investment would cost about 103 million Euros and will take about three years to complete.

The economic feasibility of the airport has been questioned by many, as the new Vlorës airport will be only 100 km from the Tirana International Airport, in a country with a population of 2,8 million and only 13-billion-euro economy. ...continue reading