Gener 2 rehabilitates a two-lane Bridge in Çorovoda on behalf of TAP project

In the framework and on behalf of the Trans Adriatic Pipeline Access Roads and Rehabilitation and TAP’s community investment programme in Albania, Gener 2 finalized the rehabilitation of a two lane bridge in Çorovoda, which will improve the transport infrastructure in the city and facilitate access to one of the main tourist attractions in the country, Osumi Canyons. During the inauguration ceremony, with the attendance of representatives of Gener 2, TAP, the Albanian Parliament Speaker Ilir Meta, Corovoda Mayor Nesim Spahiu and other local government authorities, an appreciation and recognition plaque was unveiled.

In his speech, Managing Director of TAP, Ian Bradshaw said: “I want to thank Albanian authorities for working hand-in-hand with TAP to identify those strategic projects that will benefit local communities most. Access to the main hospital in the city and tourism – an important source of income locally – will benefit substantially following this upgrade. People visiting this area will have easier access to splendid sights, such as the Osumi Canyon. We will continue to work with local partners in order to generate sustainable improvements in the communities quality of life and education.”

Gener 2 continues to be an active player in Albania’s most prominent projects, executing and delivering them successfully and in a timely manner.

About Gener 2:
Gener 2 is an Albanian based company with a wide range of business diversification. The key business portfolio of Gener 2 consists in the construction of residential, commercial and industrial buildings, followed by roads and infrastructure. Gener 2 has also invested in real estate and property management. An important part of Gener 2 portfolio is the energy sector where we currently hold over 100 mw of installed capacity to be developed in the next three years. We have on-going projects in numerous locations nationwide combining knowledge, skills, experience, and commitment in every job to deliver them exceptionally and successfully.

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About the Trans Adriatic Pipeline (TAP)
TAP will transport natural gas from the giant Shah Deniz II field in Azerbaijan to Europe. The 878 km long pipeline will connect with the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border at Kipoi, cross Greece and Albania and the Adriatic Sea, before coming ashore in Southern Italy.

TAP’s routing can facilitate gas supply to several South Eastern European countries, including Bulgaria, Albania, Bosnia and Herzegovina, Montenegro, Croatia and others. TAP’s landfall in Italy provides multiple opportunities for further transport of Caspian natural gas to some of the largest European markets such as Germany, France, the UK, Switzerland and Austria.

TAP will promote the economic development and job creation along the pipeline route; it will be a major source of foreign direct investment and it is not dependent on grants or subsidies. With first gas sales to Georgia and Turkey targeted for late 2018, first deliveries to Europe will follow approximately in early 2020.

TAP’s shareholding is comprised of BP (20%), SOCAR (20%), Snam S.p.A. (20%), Fluxys (19%), Enagás (16%) and Axpo (5%).

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