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LOANS & CREDITS May 25, 2018

Albania Additional Financing for Dam Safety Project

WASHINGTON, May 25, 2018— The World Bank’s Board of Executive Directors today approved the following project:

Albania Additional Financing  for Dam Safety Project

IBRD Loan: EURO 12 million

Terms: Maturity = 23 Years, Grace = 7 Years

Project ID: P162079

Project Description: The Project will contribute to safeguarding the hydroelectric dams on the Drin and Mat river cascades in Albania, and improve the operational efficiency of these dams and enhance the stability of power supply in the regional market.



Washington, DC
Kym Smithies
+1 (646) 407-8629