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Tag Archives: road

Japan Financed Shorapani-Argeta Road Section Construction with $ 343 Million

The construction of the East-West Express Highway (Japan) will be financed by Japanese financial support. Finance Minister Ivane Machavariani and Vice President of Japan International Cooperation Agency (JICA) Noriko Suzuki signed the Loan Agreement on the East-West Express Highway Improvement Project (phase 2). The project considers construction of 14.7 km …

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Travel Time of Batumi-Tbilisi Shrank by 30 Minutes

Road Infrastructure Projects to Hit 4.5 billion GEL in 2018

The construction of the second section of Kobuleti bypass road was completed for the tourist season and 18 kilometer road was put into operation. The transit movement has moved on to the new road from Kobuleti seaside. The new road will increase travel time from Tbilisi to Batumi by 20-30 …

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AYFB Requests Georgia’s PM to Set Personal Control Over Road Infrastructure Projects

AYFB has Released an Address to the Prime Minister of Georgia Asking him to set Personal Control over Implementation of Road Infrastructure Projects

“Association of Young Financiers and Businessmen (AYFB) has recently launched exploration works for exposing available violations in highway construction process and public monitoring whether  announced tenders and their conditions are fulfilled valuably. We know that an unprecedented volume of resources will be applied from the state budget and  international donor …

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Road Infrastructure Projects to Hit 4.5 billion GEL in 2018

Road Infrastructure Projects to Hit 4.5 billion GEL in 2018

In 2018-2020, projects of 4.5 billion GEL will be implemented for road infrastructure development, the Minister of Regional Development and Infrastructure noted at the event dedicated to the Day of Road Builder. Zurab Alavidze congratulated the road builders on the day of profession and discussed the current challenges and achievements …

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1.3 BLN to be Spent on Road Construction in 2018

1.3 BLN to be Spent on Road Construction in 2018

The Ministry of Regional Development and Infrastructure will have a budget of 1.815 billion USD in 2018. The government plans to increase spending on infrastructural projects. As a result, budget of the curator ministry increases by 557 million in the next year. According to the draft budget project of 2018, …

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WB Allocates Additional Finances for Highway Improvement

World Bank

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 …

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Development of Road Infrastructure to Rehabilitate 100 Km. Road

Development of road infrastructure continues within the spatial arrangement of the 4-point plan. ► The World Bank starts rehabilitation of 15 local roads in Kakheti, Shida Kartli, Kvemo Kartli, Mtskheta-Mtianeti, Samtskhe-Javakheti, Racha and Samegrelo, with total length of 100 km. ► These roads have not been restored within 25-30 years. …

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ADB Allocates 80 million USD Loan for Dzirula-Chumateleti Road Restoration

ADB Allocates 80 million USD Loan for Dzirula-Chumateleti Road Restoration

Asian Development Bank (ADB) has approved an 80 million USD loan with the aim to finance a restoration of road infrastructure of domestic importance. The project calls for rehabilitating Dzirula-Chumateleti 50-km section via the town of Kharagauli. The project implementation is to enhance workload of the mentioned section for domestic …

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Projecting of Access Road to Anaklia Port Begins

Projecting of Access Road to Anaklia Port Begins

The Road Department starts to work on construction of an access road to Anaklia Port. According to the Department, the road is part of Samtredia-Zugdidi bypass road. Company Cokes will make pre-feasibility study of 90 km road section. Preparation term of the documents is determined by 9 months and the …

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774 Families to Leave Houses for the Construction of Batumi Bypass Road

774 Families to Leave Houses for the Construction of Batumi Bypass Road

Eviction of 774 families will follow construction of Batumi bypass road. Chairman of Road Department met the population leaving in the area and introduced their problems. According to the Department, totally 774 families are the subject of eviction, at that contract is already signed with 218 families. Project of Batumi …

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Road Transportation has Increased in Georgian Corridor

Road Transportation has Increased in Georgian Corridor

Rail transportation is declined in Georgian corridor, while road – increased. According to Ministry of Economy, cargo turnover has made up 34. 3 million t in Georgian corridor through 10 months, the figure is less by 1.6 million comparing to the previous year and less 5. 8 million t if …

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