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ADB to Fund Rikoti-Zestaponi Road Construction

ADB-Georgia today signed a $300 million loan agreement to construct of a four-lane, 12 kilometer road on the East–West Highway between Khevi and Ubisa.

The document was signed by Minister of Finance Ivane Machavariani and ADB regional representation director Ieshi Elhan Kaialar. 
Under the agreement, ADB will allocate 255.297 million EUR preferential loan for constructing four-lane section of 12 kilometre length between Khevi and Ubisa on East-West highway.

The new road infrastructure will ensure efficient and safe driving, cut driving time and develop tourism business.