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CoM approves in principle project on Urban Development of Lana River Bed

TIRANA, June 19/ATA/- At the today’s meeting, the Albanian Council of Ministers (CoM) approved in principle, the financial agreement with the European Investment Bank (EIB) on the “Lana river bed- Urban development ” project.

Pursuant to Article 100 of the Constitution and the Law “On International Agreements in the Republic of Albania” and “On State Borrowing, State Debt and State Loan, Guarantees in the Republic of Albania” under the proposal of the Minister of Finance and Economy, the Council of Ministers approves, in principle, a financial contract between the Council of Ministers of the Republic of Albania and the European Investment Bank on the project “Lana river bed – Urban development”, worth 8 million (eight million) euros.

This decision comes into force immediately. //a.i/

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