A Sustainable Asset Valuation of the Tirana–Durres Railway in Albania

The SAVi assessment of the Tirana–Durres railway in Albania indicates the project is highly profitable, with a benefit-cost ratio of 4.79 and cumulative discounted net benefits of EUR 415.51 million between 2023 and 2053. The primary economic drivers are avoided vehicle operating costs resulting from a shift from road to rail, followed by health benefits from reduced air pollution and increased physical activity, as well as time savings.

• The Tirana–Durres railway is projected to be highly profitable, with cumulative discounted net benefits of EUR 415.51 million for the period 2023–2053, using a 3.5% discount rate.
• The integrated benefit-cost ratio for the Tirana–Durres railway is 4.79 when considering all added benefits and avoided costs to the region.
• The most significant impacts of the railway project are the reduction in vehicle operating costs due to the transition from road transport to rail, followed by time savings and health benefits derived from increased physical activity and lower air pollution costs.
• The Tirana-Durres metropolitan region, which represents 48% of Albania's GDP and 37% of its population, currently suffers from transportation challenges due to an outdated railway network that lacked investment or maintenance for 25 years, leading to a decline in freight and passenger traffic.

APA

Bassi,, M. K. N. C. (2024). A Sustainable Asset Valuation of the Tirana–Durres Railway in Albania. International Institute for Sustainable Development. https://www.iisd.org/publications/report/savi-tirana-durres-railway-albania

Chicago

Bassi,, Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea. A Sustainable Asset Valuation of the Tirana–Durres Railway in Albania. International Institute for Sustainable Development, 2024. https://www.iisd.org/publications/report/savi-tirana-durres-railway-albania.

Wikipedia

{{cite report |last1=Bassi, |first1=Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea |title=A Sustainable Asset Valuation of the Tirana–Durres Railway in Albania |publisher=International Institute for Sustainable Development |date=20 February 2024 |url=https://www.iisd.org/publications/report/savi-tirana-durres-railway-albania |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bassi2024sustainable, author = {Bassi,, Michail Kapetanakis,Nathalia Niño,Liesbeth Casier,Andrea}, title = {{A Sustainable Asset Valuation of the Tirana–Durres Railway in Albania}}, institution = {International Institute for Sustainable Development}, year = {2024}, month = feb, url = {https://www.iisd.org/publications/report/savi-tirana-durres-railway-albania}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }