Albania's Public Private Partnerships

Find out contracts, concession companies and funding sources

Database of concession projects and Public Private Partnerships signed by the Albanian government during the period 2004-2020.

Construction of Cangonj hydropower plant

The concession contract was concluded between the Ministry of Economy, Trade and Energy and the companies Favina shpk and Favina 1 shpk.
The object of the contract is: financing, design, construction, commissioning, administration, maintenance of the Cangonj hydropower plant in the course of the Ventok irrigation canal, Korça district. At the end of the concession period, the facilities will be transferred to the Contracting Authority.

Hidrocentrali Cangonj
Company Description
Object of activity: to implement the concession contract. The company was established on 31.05.2013. Its capital is 70'000'000 ALL.

Favina shpk - 51% of the shares
Favina 1 shpk - 49% of the shares

Related Persons and Entities
Adnan Qylafi - current administrator (31.05.2013 - 04.06.2023)