Newsletter insight
Tirana’s Mother Teresa Square Redevelopment Secures a US$20 Million Contract
Perspectives from the HPC business newsletter.
← All business news
On 23 October, Albania’s Development Fund announced that the Progeen–Bami consortium had won the contract to redevelop Mother Teresa Square in Tirana and build underground parking. The reported contract value is 1.63 billion lek excluding VAT, approximately...
On 23 October, Albania’s Development Fund announced that the Progeen–Bami consortium had won the contract to redevelop Mother Teresa Square in Tirana and build underground parking. The reported contract value is 1.63 billion lek excluding VAT, approximately €17.5 million (US$20 million), against a tender limit of €22.5 million.
Engineering and infrastructure businesses can explore project modelling, asset monitoring and construction-data analytics. HPC can support technical analysis and data-intensive computing; contact HPC for a quotation tailored to the project’s confirmed requirements.