With limited information available on the project and little opportunities to influence the developments, the local community has perceived the Vlora energy and industry park as a megalomaniac project which poses threat to a local economy dependant on tourism and harms the fragile marine and wetlands ecosystems.Read more
An underground hydropower plant was planned in a natural habitat of global significance. The project’s assessments were plagued by oddities and could not be considered complete. Despite all of this, the EBRD initially approved a EUR 123 million loan. In May 2013, under increasing pressure from civil society groups, the EBRD eventually pulled out of the project.Read more
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