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2 billion euro 'Durrës Yachts & Marina' deal, government and portal authority refuse to provide information on financing

Politiko 2023-01-31 16:28:17

2 billion euro 'Durrës Yachts & Marina' deal, government and

The Government of Albania yesterday signed an agreement with Eagle Hills Real Estate Development based in the United Arab Emirates to set up a joint company to implement a project worth around 2 billion euros ($2.17 billion) to transform the port of Durrës into a luxury superyacht fleet. said the government.

Under the agreement, the Albanian government will hold a 33% stake in the project company, the government said in a press release on Monday.

Albania will hold the shares through the Albanian Seaports Development Company, established by the Durres Port Authority for the purposes of the project, according to a previous statement by the port authority.

The project will cover an area of ​​about 450 hectares and is expected to create about 12,000 jobs during the construction phase, the government said.

The news also attracted the attention of foreign media. See News, an intelligent business unit in Southeast Europe has published an article about this deal, but at the end of the article it cites that the Albanian government and the port authority of Durrës have not responded for further information about the deal and the project, including financing.

" SeeNews' emails to the Albanian government, Eagle Hills and the Durrës Port Authority seeking further information about the deal and the project, including its financing, remained unanswered at the time this article was published," the article reads.

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