Chinese Company Considers Construction of New Highway in Georgia

One of the largest Chinese construction companies, Zhuhai Da Heng Qin Company Limited, may start a new highway project in Georgia, with an estimated $1 billion investment.

The top ten construction companies will work on the project with the China Development Bank, which finances the majority of China’s infrastructural constructions. During his visit to china, PM Irakli Garibashvili discussed bringing a group of specialists to Georgia in order to discuss further collaboration with the Administration of the Government, and representatives of the Ministry of Infrastructure and Ministry of Economy and Sustainable Development.

According to Garibashvili, the project is of strategic importance and ensured the company of his full support once the details are specified. He also spoke about strengthening Georgia’s relations with China and noted that the country strives to be China’s main partner in the region.

The delegation also discussed the Anaklia Port project, as the China Development Bank has expressed interest in participating in the construction of the port.

17 September 2015 20:58