Business
Posted: 1 week ago

The Highway on Rikoti Pass to Open in 2023

The price of the construction project of highway on Rikoti will reach 2,6 billion GEL.

The project is funded by three organizations, which are the European Investment Bank, the World Bank, and Asian Development Bank.

"Contract values ​​have been written and the projects are not endangered, they will not have a problem with financing.", declares Giorgi Tsereteli.

The construction processes on the Rikoti pass are divided into four parts, on three of them the works are underway, and active building processes will start in the last section this year.

"2021 will be a crucial year and we think that we will be able to fully open the highway to Rikoti Pass by the end of 2023.", notes George Tsereteli.