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EBRD Allocates 15 million euro to Develop Tbilisi Ecological and Social Enviroment

Today, the Finance Minister of Georgia Ivane Machavariani and the Regional Director of the European Bank for Reconstruction and Development (EBRD) in the Caucasus, Moldova and Belarus, Bruno Balvanera signed a loan agreement on “Tbilisi Solid Waste Project”.

The document envisages allocation of 15 million euros for the purpose of managing solid waste management in Tbilisi. Namely, the mentioned amount will be spent on improvement of infrastructure of Tbilservice Group Ltd and purchase of appropriate equipment. The project will have significant environmental impact and will serve to improve the ecological and social environment.