Home / Economy / 30 mln to be Spent on Khevi-Argveta Construction Project on Rikoti
30 mln to be Spent on Khevi-Argveta Construction Project on Rikoti

30 mln to be Spent on Khevi-Argveta Construction Project on Rikoti

30 million GEL will be spent on preparation of construction project of Khevi-Ubisa-Shorapani-Argveta road section.

The Joint Stock Company Engineering S.R.L/Spea Engineering S.P.A. in association with Design and Survey Institute “Transproject” LTD, Designing & Consulting Company BT, Kavtransproject Ltd has won the tender.

12-month contract, cost of 7 985 950 USD and 10 606 000 GEL, which is 30.09 million GEL by official exchange rate of May 8. The companies will prepare detailed project, environmental impact assessment report, the land reclamation and resettlement plan.

Construction project of Khevi-Ubisa-Shorapani-Argveta road section of 42 km on Rikoti Pass includes 4-lane road, 90 bridges and over 40 tunnels; – the largest infrastructural project is a part of government’s four-point plant within the frame of spatial development.

The project which total value amounts to 800 million USD is being implemented by the funding of Asian Development Bank