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

  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More
  • Second Danube bridge construction approved
    May 15, 2012
    Official approval is now being given for changes to the agreement between the Bulgarian authorities and the European Investment Bank (EIB) for the second Danube bridge project. So far the EIB is providing €50 million, with €5 million having already been used. The Bulgarian authorities are agreeing to accept a shorter loan period of 14.5 years rather than the 17-year term originally agreed with the EIB.
    Read More
  • Importance of continued transportation investment
    February 27, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • New highways to improve Austria's connections
    March 6, 2012
    A massive highway project will boost Austria's international links. The €933 million Ostergion PPP motorway project is one of the largest PPP projects currently in operation in Europe. The financers of the project are AMBAC and EIB, while the routine maintenance activities are headed by Egis. The project intends to ease congestion Austria's capital, Vienna, improve commuter traffic, enhance road connections between Austria and the Czech Republic and increase safety on congested B roads around the country.
    Read More

Highlighted Content