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WB Allocates Additional Finances for Highway Improvement

The World Bank (WB) has allocated additional financial resources for East-West highway corridor improvement.

Government of Georgia and IBRD have signed an agreement on Additional Financing of East-West Highway Corridor Improvement Project.

The document was signed by Minister of Finance Mamuka Bakhtadze and WB regional director in South Caucasus Merci Tabon.

The 16.9mln EUR financial resource will be spent on remaking the two-line 11-kilometer section from Chumateleti to Khevi of East-West highway corridor into a four-line highway.

Construction works will end in 2020.