On February 25, 2014, the European Bank for Reconstruction and Development (EBRD) has announced that the Municipality of Tirana (MoT) it is launching again a tender process for the construction of Tirana Public Transport Terminal.
The Feasibility Study, prepared by a consortium led by Italferr, an Italian engineering company, has performed the financial and economic analysis of the project. The initial investment cost is estimated at €40.9 million (US$56 million) and the completion of the construction works is foreseen after two years and four months after the signature of the concession contract.
In structuring the project as a concession, the MoT will offer an 85,000 m2 land plot situated along the main corridor leading north-westerly out of the city toward Durres. The winning bidder will be selected in an open international tender under a design build, finance operate and transfer (DBFOT) for a period of 20 years.
The awarding of the concession contract is foreseen end 2014.
The project involves the construction, operation and maintenance the terminal for the benefit of operators and passengers. In exchange, all bus docking fees, retail rental revenues, and parking fees, will be collected by the concessionaire.
The project also includes the construction of a tram depot and a tram-train station that will be the head station of Tirana-Durres railway, replacing the current Central Station in Tirana, and one of the two terminal stations of the future tram line which will connect the terminal to the Tirana's centre using the no longer in use railway. The tram-train infrastructure (railway tracks and platforms, water works, electric works, signalling, shelters, etc.) are not part of the project.
Proposals must be submitted by 18 March 2014.