The head of the Emmar company, Mohamed Alabbar, stated during an interview for Euronews Albania that the prices for the residences that will be built in the project of the new Port of Durres, will be adjusted to the level of Albania’s living costs.

In an exclusive interview, Alabbar also noted that there will be a price variation and added that Albanians will remain satisfied with the service.

“We are in Albania, so the prices will be adapted to Albania. There will be a difference between those residences or spaces that overlook the sea or the marina and it will also depend on the quality.

There will be a price variation, but still staying at the level of Albania. We have studied the market for several years, he added.

Alabbar emphasized that only some of the residences will be sold, while the shops will be owned by the company, to maintain the quality of service.

Yesterday, the Memorandum of Cooperation for the construction of the tourist port of Durres was signed.

The investment of 2 billion dollars is a collaboration between “Eagle Hills Real Estate Development” Shpk, represented by the world-famous investor and developer Muhammed El Alabbar and “Albanian Seaports Development Company”.