ALBANIA: ISLAMIC BANK FINANCES TIRANA-ELBASAN HIGHWAY

The Islamic Bank will finance the construction of a 31.7 km section of the new Tirana – Elbasan highway which includes a 4.2 km tunnel.

The Islamic Bank will provide a loan worth approximately 350 million dollars, which according to the preliminary agreement will last for 20 years. Interest on the loan will not exceed 5%.

source : ANSAmed

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