Albanian Development Fund Doubles Its Annual Budget



The Albanian Development Fund will have a budget of 10 billion Leks for 2011, twice as much compared to the previous year. The chairman of the executive board Genc Pollo declared on Tuesday that contracts worth 100 million USD have been assigned in 2010, while a fund of 233 million USD has been secured for future projects. The main project of the Albanian Development Fund is that of the construction of secondary and local road segments. 72 million USD will go to the construction of 500 km of secondary roads in 2011.