The Ministry of Infrastructure and Energy in Albania has commenced official procedures to potentially cancel the concession contract governing the construction of the Vlorë International Airport. This decision stems from the concessionaire company’s inability to adhere to the established timelines and fulfill the contractual obligations related to the project’s pace and completion schedule. According to reports, the Ministry initiated these steps after the contractor failed to meet the required benchmarks for the development work.
This move follows a period of escalating oversight from the Ministry. Previously, the Ministry had issued explicit warnings to the involved construction firms. These warnings were issued after internal disagreements surfaced regarding the project’s progress, culminating in an ultimatum demanding that the contractors accelerate their efforts and remedy the accumulated delays.
The Ministry had previously cautioned that failure to meet these accelerated benchmarks would result in the formal cancellation of the agreement. Therefore, the current initiation of cancellation procedures represents the Ministry’s formal action following the lapse of the agreed-upon remediation period. The decision signals a significant regulatory intervention in a major piece of Albanian infrastructure development, as the government moves to enforce contractual terms regarding the development of the vital international airport.
Topics: #albania #procedures #cancel
