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Azerbaijan Allocates 23 million USD for Baku-Tbilisi-Karsi Project YTD

Azerbaijan Allocates 23 million USD for Baku-Tbilisi-Karsi Project YTD

Since the project inauguration, Azerbaijani company SOFAZ has allocated 611.5 million GEL for Baku-Tbilisi-Karsi railroad construction. According to the agreement between the Georgian and Azerbaijani Governments, the funds were transferred to LLC Marabda-Kartsakhi from the International Bank of Azerbaijan (IBAR). LLC Marabda-Kartsakhi has been founded for designing, reconstructing, rehabilitating and …

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Tbilisi Mayor: Tbilisi Bypass Railway Project will Go on

Tbilisi Mayor: Tbilisi Bypass Railway Project will Go on

Tbilisi Mayor David Narmania assures that the Tbilisi bypass railroad project will be continued definitely. Initially, public discussions will start after the group working on city development general plan submits a due conclusion. “The general plan development group that operates at the city hall will complete the conclusion soon. The …

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Georgian Railway Modernization Project Completes New Railroad Tunnel

The “Georgian Railway” modernization project will include various infrastructural improvements in the railroads sector. In frames of the “Georgian Railway” modernization project, on June 5th the Prime-Minister of Georgia will be joined by the railway company and partnership fund leaders to celebrate the opening of a 962-meter tunnel near the …

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