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

  • India rural road upgrade in Madhya Pradesh State
    April 19, 2018
    India’s Madhya Pradesh State is planning to improve connectivity to rural areas with a plan to improve rural roads. Funding for the work is being provided through a loan sourced from the Chinese Asian Infrastructure Investment Bank (AIIB). The loan is worth some US$140 million and will help pay for surfacing work to existing gravel roads and dirt roads. In addition, a road safety programme will be instituted across the state, using a portion of the loan.
    Read More
  • Argentina road projects financing established
    December 7, 2016
    Argentina is receiving a loans from the Inter-American Development Bank (IADB) worth US$300 million for road improvements. The loan will be used to widen and improve roads across the country and is for 25 years with a grace period of 4.5 years. The Argentina Government will provide a further $200 million for road development projects. Planned projects include a new 120km dual carriageway as well as work to a 35.4km section of National Route 19 in Cordoba Province. Meanwhile around half of Salta Province
    Read More
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More
  • Myanmar expressway loan proposed
    July 30, 2020
    A loan is proposed to help finance a key Myanmar expressway link.
    Read More

Highlighted Content