ALBANIA: Islamic Bank finances Tirana-Elbasan highway

(ANSAmed) - ROME, FEBRUARY 17 - 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)


Source : http://www.ansamed.info/en/albania/news/ME.XEF46874.html - Feb 17, 2011