The project is being financed by the European Union with up to €35.5m in grants from the Western Balkans Investment Framework (WBIF) and up to €35.5m in loans from the European Bank for Reconstruction and Development (EBRD).

The EBRD has previously financed a €1.2m feasibility study into the modernisation of the Tirana - Durrës line, which has seen little investment since its completion in 1948.