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Georgia, ADB Sign Contract to Allocate Financial Resources

Georgian Minister of Finance Ivane Machavariani and the representative of Asian Development Bank to Georgia Shane Rosenthal signed an agreement today to allocate financial resources up to 255.1 million Euros.

As the Ministry of Finance of Georgia says, this large sum of money will be used for the construction of a 14.7 kilometer, four-lane throughway. Within the capacity of the project, 14 bridges and 12 tunnels will be built.

The project is expected to be completed by 2025.

By Beka Alexishvili

27 November 2019 16:39