Albanian container hub on the drawing board
The U.K.-Swiss group Zumax last week released plans to build a container hub port on Albania’s Adriatic coast that could eventually have capacity for 3 million TEUs, Reuters reported.
Zumax will build the $1.7 billion container port in Vlore and the accompanying free zone in phases, aiming to turn it into a Mediterranean hub for the region. The port sits 16 hours sailing time off the main route from Asia to Europe via the Suez, and Albania’s president has promised to build highway and rail infrastructure to support the planned port.
Albanian container hub on the drawing board