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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.
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Document type: Report
A Sustainable Asset Valuation of the Tirana-Durres Railway in Albania
The SAVi assessment of the Tirana-Durres railway project in Albania demonstrates that while the project is not economically viable based on traditional financial metrics, it provides substantial societal benefits. The project, estimated to cost EUR 58.78 million, is projected to generate cumulative discounted net benefits of EUR 270.34 million between 2023 and 2053. The most significant gains come from avoided vehicle operating costs (EUR 96.78 million) and health benefits from reduced air pollution and increased physical activity (EUR 44.93 million). The sustainable benefit-cost ratio (S-BCR) is 4.25 (or 4.79 in Table 1), compared to a conventional BCR of 0.12.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Executive summary