Albanian Ministry of Transport and Infrastructure Friday signed an agreement for the construction of a yacht port in Shengjin, north of Albania with an investment worth 7 million dollars.

The agreement was signed between Transport Ministry and the "Adriatic" company, the winner of the tender.

Albanian Transport and Infrastructure Minister Edmond Haxhinasto said that this port with a capacity of 200 yachts will bring development to the area in terms of tourism and employment.

The minister said that the port is designed with the most modern technology of cruise ships anchoring and it should be operational within one year.

"This is a positive development for the tourist ports," said Haxhinasto, adding that "it is necessary that in addition to the construction of ports, develop relevant infrastructure should also be serving yacht marinas.