Project for Integrated Urban and Tourism Development (PIUTD) (WB-P155875)

  • Albania
Where the impacts of the investment may be experienced.
Specific Location
Saranda, Gjirokastra, Berat and Permet
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 15, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Ministry of Finance, Ministry of Urban Development
The holder of the loan, grant, or other investment.
  • Construction
  • Industry and Trade
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 71.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 71.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 8, 2017

Disclosed by Bank Feb 12, 2016

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Project Description
This project finances improvements to urban infrastructure, tourism assets, and institutional capacity to support tourism related development in the south of Albania. This includes upgrades to municipal infrastructure, restoration of select heritage an cultural assets, improvements to supporting transportation infrastructure, and capacity building.
Investment Description

Contact Information
World Bank Contact: Paula Restrepo Cadavid Title: Urban Economist Contact: Shaun Mann Title: Senior Private Sector Speciali Borrower/Client/Recipient Name: Ministry of Finance Contact: Erjon Luci Title: Deputy Minister Email: Name: Ministry of Urban Development Contact: Nertil Jole Title: Director Reg. Department Email: Implementing Agencies Name: Albanian Development Fund Contact: Benet Beci Title: Executive Director Email: ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing You can learn more about the Inspection Panel and how to file a complaint at: