World Bank Grants EUR 35.7 Mln to Support Georgia’s Digital Advancement 

The World Bank’s Board of Executive Directors has approved EUR 35.7 million to support Georgia’s digital advancement through the Log-in Georgia Project. Over 1,000 villages will receive high-quality, affordable internet connectivity.

The Log-in Georgia Project aims to promote the use of broadband-enabled digital services across rural Georgia; also to boost the use of digitally-enabled services through training and capacity-building programmes across the country. 

World Bank Regional Director for the South Caucasus, Sebastian Molineus, said: “The World Bank supports Georgia’s goal of harnessing digital technologies to increase its economic competitiveness and thus provide better jobs and opportunities for all its people”.

“This will help accelerate Georgia’s economic development, further cement its position as an innovation hub and investment attractive country, and ensure a resilient recovery in the wake of the COVID-19 pandemic”, Molineus added.

Georgia’s Finance Minister Ivane Matchavariani said the project seeks to ensure that people and enterprises in rural areas have the same access to opportunity as their urban counterparts. 

The Log-in Georgia Project will be implemented by the non-commercial legal entity Open Net over a five-year period.

29 August 2020 17:06