EBRD to Finance Modern Municipal Infrastructure in Bakuriani, Georgia
The European Bank for Reconstruction and Development (EBRD) is providing a €5 million loan to improve public transport and services in Bakuriani, a winter resort in the high Caucasus.
EBRD Regional Director for the Caucasus, Catarina Bjorlin, said: “This project will help to improve the quality of municipal services and safety measures in an important resort town. Improving Georgia’s municipal infrastructure, especially in the regions, is of paramount importance for the EBRD. The project will also help promote gender equality across the workforce.”
The financing will help to acquire special vehicles for street cleaning, snow removal and waste collection, as well as to purchase multi-purpose trucks and modern buses.
The EBRD is also providing technical cooperation funding aimed at training and promoting women for bus-driver roles.
By Elene Dzebisashvili