14. Construction of section Pristina–Merdare on Road Route 7
|SEETO No:||SEETO CN position:
|Overall project objective:
The Highway Merdare-Pristina–Kukes–Durres (Route 7) creates the shortest connection between Kosovo and Albania with the European network of international roads. It is of great economic importance from the perspective of the transportation of goods and passengers within SEE countries, as well as being the shortest route to European and Mediterranean countries.
The main argument or reasoning behind Route 7 was based on advantages such as: reduction of travel time and expenditures as well as more secure travel. This change caused the discontinuation of the track of Route 7, having its impact on the effective function of the network when fully completed. The project supports the activation of natural and human resources and helps to overcome political and civil difficulties, offering economic, political and cultural cooperation among Regional Participants.
|Economic / Financial / Environmental indicators:
EIRR: 8.25 %
NPV: 339.85 mil €
Importance of international demand – Passenger traffic: 20%
|Total cost (M€)||750|
|Section||Type of work||Length (km)|
|Pristina – Merdare||New||60|