Skip to main content

Georgia's transport plan

Georgia's transport system will benefit from a loan worth US$300 million being provided by the Asian Development Bank (ADB).
March 1, 2012 Read time: 1 min
Georgia's transport system will benefit from a loan worth US$300 million being provided by the 943 Asian Development Bank (ADB). The loan will be for the 2010-2018 period and will be used for Georgia's urban investment programme, of which transport forms a key component. The first project being planned will be for road construction in the district of Mestia and the rebuilding of roads in the vicinity of Kutaisi.

For more information on companies in this article

Related Content

  • Rural road works for Uzbekistan
    May 11, 2023
    Rural road construction and maintenance works are planned for Uzbekistan.
  • Kenya-Tanzania connection partial funding found
    October 13, 2017
    A large chunk of the funding required for the improved road connection between Kenya and Tanzania has now been sourced. The African Development Bank (AfDB) will provide US$300 million of the financing required for the project. However the remaining $485 million of funding necessary still remains to be secured.
  • Deutz secures new syndicated loan to bolster finances
    July 9, 2012
    German engine manufacturer Deutz has replaced its existing funding arrangements with a new syndicated loan. The working capital facility totalling €160million is being provided by a syndicate of German banks. The credit line is unsecured and runs until June 2017. In addition, Deutz has received a low-interest loan amounting to €90 million from the European Investment Bank. This loan, which is also unsecured, is repayable over a period of eight years with a grace period of two years. Deutz has hedged the in
  • Nepalese Government pushes ahead with transport infrastructure programme
    July 17, 2014
    The Nepalese Government has announced a major programme of transport infrastructure works for the 2014-2015 period. Road, highway and airport projects have all been prioritised. The detailed project report for the Kathmandu-Tarai Fast Track Road is to be completed within six months. The proposal aims to attract investors by guaranteeing a minimum number of vehicles using the tolled link. The project has been delayed due funding issues. This period will also see work being carried out the Mid-Hills Highway,